
Originally Posted by
jocelynlf
A lot of banking regulations were put into place after the Great Depression to hopefully prevent anything that widespread from ever happening again. We may be seeing those safeguards put to the test in the coming months/years.
The worst thing people can do right now is panic.
I don't want to start a panic, but most of those regulations were repealed beginning in the mid-1970s and continuing at an accelerating pace through the present...
Last edited by OakLeaf; 07-20-2008 at 09:38 PM.
Speed comes from what you put behind you. - Judi Ketteler