How fragile is our Financial System?

In response to the Daily Post words “fragile” and “test”, I offer my postings regarding banking legislation or perhaps “the lack of”, is a better way of expressing my perceptions at this point.

Question: Would the Glass Steagall Act have sheltered the retail customer from the Wells Fargo fraud?

Or, how about the “new” Dodd-Frank Act which is still being “implemented” years after it has been signed into law.

Here’s my reaction to the news about Wells Fargo Bank and its “marketing techniques.” The Hole dug by Wells Fargo Bank.

Guess, my answer to my question posited about would be that “our financial system is very fragile” or is a better word vulnerable?

Here’s another question: how good is our economy if we can’t trust our banks?


One thought on “How fragile is our Financial System?

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