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Wall Street Has Moved Vast Sums of Its Trading to Its Federally-Insured Banks
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Wall Street Has Moved Vast Sums of Its Trading to Its Federally-Insured Banks

by Pam Martens and Russ Martens, Wall St On Parade: Taxpayer-backstopped federal deposit insurance at commercial banks in the U.S. was never meant to be a get-rich scheme for the wild and voracious appetites of traders on Wall Street. But a quarterly report produced by the federal regulator of national banks – those operating across […]
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