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Pam Martens and Russ Martens – As Big Banks Hemorrhage Capital, Glass-Steagall Is Quietly Added to Democratic Platform

The overall stock market is staging a big rally at the open of trading this morning in New York, but that is not going to calm growing anxieties over how badly systemically risky global banks traded in Friday and Monday’s two days of carnage. Watching tens of billions of equity market capital vaporize at the mega banks in two trading …