21 January 2011

Concentration in US Banking Since the Repeal of Glass-Steagall


It should be noted that Glass-Steagall was repealed in stages before 1999, with relaxation of the rules as a result of the lobbying efforts led by the Wall Street banks, and with the backing of Alan Greenspan.

A Brilliant Warning on Robert Rubin's Proposal To Deregulate Banks 1995

The Great American Bank Robbery - William K. Black


Source: Systemic Risk In Banking EcoSystems

SP 500 and NDX March Futures Daily Charts


Weakening momentum and light volumes.

Any event will likely do it, even if Benny throws his best slop at it.

But if volumes remain light and the markets detached from reality, they can drift on monetization.



Gold Daily and Silver Weekly Charts


As a reminder the Comex option expiration is January 26.