Financial Institutions Continue to Terrorize the American Public

“Leave the banking to us” used to be a phrase used to reassure Americans that you cannot be any safer than when you put your money in banks. This article shows the horror stories banks visit upon the public, including rigging foreign currency marketing, predatory lending in housing, to jacking up the interest rates on credit cards. All this is the result of the repeal of the Glass–Steagall Act in 1999. Thanks go to Bill Clinton, who signed the bill. it is next to impossible to find a bank where your money is safe.

Read in Wall Street on Parade

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