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With Glass-Steagall Revival, A Call to Bust Up the Megabanks


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With Glass-Steagall Revival, A Call to Bust Up the Megabanks

Jon Queally, staff writer

US Sen. Elizabeth Warren (D-MA) and others on Thursday introduced a new bill that revives the call to bust up the nation's largest banks and financial institutions by once again demanding a separation between the traditional banking practices of savings and loans from the far riskier behavior taken on by large investment, complex trading, and hedge fund operations.