Counterpoint: A 21st Century Glass Steagall Act Is Needed

Counterpoint: A 21st Century Glass Steagall Act Is Needed Editor’s Note: For an alternative viewpoint, see: Point: Why We Shouldn’t Bring Back Glass-Steagall The Glass Steagall Act is the Depression-era law that gave financial companies a choice: you could be a plain old bank and enjoy the benefits of deposit insurance, or you could be an…