Obama to propose new limits bank size, "return to the spirit of Glass-Seagall"

[Swing low, sweet chariot. Comin' for to carry me home.]

oh, that will really help the economy....example, let's see, Citigroup itself has already let go 100,000 employees, and now Obama wants them to fire another 100,000

it may be popular initially, but we'll see how popular he is when unemployment remains above 9% come Nov 2010

and where is Obama's treasury Secretary...didn't Geithner used to run the FOMC?  the dude has become a total political hack

[Swing low, sweet chariot. Comin' for to carry me home.]

The stock market LOVES this today.

This, or a hundred other things. OMG, the market's been in a two day slump since Brown was elected.

dude, get real, bank's stocks were down 4-6% today and the overall market was down 2%...you can write off yesterday's activity to normal market behavior, but today was mostly about Obama.

[Swing low, sweet chariot. Comin' for to carry me home.]

Looks like it is going to take Barney Frank to temper this.

It's amazing how Obama would risk killing the recovery just for a short term populous boost. 

[Swing low, sweet chariot. Comin' for to carry me home.]

This is great news. Glass-Steagall never should have ended in the first place.

yeah, I'm sure the 50% of Americans who own stocks are just loving it.

Interestingly, Barney Frank has come out against this today and says it would lead to a "Fire Sale".

Instead of regulating the derivatives, they're going to regulate companies.  Unbelievably STUPID!....at least Barney Frank understands.

[Swing low, sweet chariot. Comin' for to carry me home.]

I can't believe we have to wait for Barney Frank to kill this in committee.