Only the FDR Glass-Steagall principle will separate commercial from speculative banking, thus freeing the nation from obligations to Wall St. and the City of London, and re-establishing a credit system for rebuilding the nation.
H.R. 1489, Return to Prudent Banking Act of 2011, is before the House of Representatives, which aims to revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so called 'Glass-Steagall Act
LOL Microhog. I wonder what that company represents. Reminds me of Microsoft trying to buy out Yahoo last year and Steve Ballmer going straight to the shareholders of Yahoo.
Yeah, I'd like to see some real life examples too.
Maybe I'm heartless/elitist, but I don't see his hypothetical illustration as a ,"hostile" act, especially when the downside most threatens the enterprise that is doing the taking over. Perhaps a more accurate adjective is in order (not this man's short coming of course).
It kind of reminds me of the term, "insider trading," which sounds eminently more nefarious than it actually is.
Im taking youtube!!!!!!
supercaleb08 2 months ago
sounds very................... hostile
hideHYDEimcoming 4 months ago
Amazing vid!!!!
INTHESKY016 5 months ago
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Only the FDR Glass-Steagall principle will separate commercial from speculative banking, thus freeing the nation from obligations to Wall St. and the City of London, and re-establishing a credit system for rebuilding the nation.
H.R. 1489, Return to Prudent Banking Act of 2011, is before the House of Representatives, which aims to revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so called 'Glass-Steagall Act
tepstolog 9 months ago
Microhog lolll
Thewally1000 1 year ago 4
Great vid!! greetings from Brazil!
kekaterence 1 year ago
they all need a drink it seems
cray32 2 years ago
glad to see you back!
Riverdale270 2 years ago 4
LOL Microhog. I wonder what that company represents. Reminds me of Microsoft trying to buy out Yahoo last year and Steve Ballmer going straight to the shareholders of Yahoo.
elpresidio 2 years ago
i think that was the example he was using
kenji4861 2 years ago
Thank you so much! We all appreciate your videos :D
rl0u8888 2 years ago
Ha! Bank of America and Merrill Lynch
rl0u8888 2 years ago
Excellent!!! Thanks!!!
Rook1515 2 years ago
do you have some examples of a recent hostile take overs?
SilverRose09 2 years ago
Yeah, I'd like to see some real life examples too.
Maybe I'm heartless/elitist, but I don't see his hypothetical illustration as a ,"hostile" act, especially when the downside most threatens the enterprise that is doing the taking over. Perhaps a more accurate adjective is in order (not this man's short coming of course).
It kind of reminds me of the term, "insider trading," which sounds eminently more nefarious than it actually is.
LexPhilogus 2 years ago
Kraft issuing a tender offer for Cadbury is one.
And Ron Burkle buying up shares of Barnes and Noble could be another. BN even put a poison pill in place!
h1rschp 2 years ago
really very good video. I have seen some of your other videos and have loved them. Nice job! post some more...
sdsabnis 2 years ago
best videos on youtube. thank you
firesniper20 2 years ago
Paddy Hirsch (spelling?) is the man!
birdlives2000 2 years ago