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Bring back Glass-Steagall? Goldman Sachs would love that

Separating investment banking from commercial banking not the hoped-for panacea

The problem on Wall Street is not the size of the banks, their concentration of assets or the businesses they choose to be in; the problem remains one of improper incentives.

New York

AMONG the many silly ideas floating around Washington these days about how to re-regulate Wall Street is that old chestnut about separating investment banking from commercial banking.

It's getting a fresh look after Gary Cohn, the powerful head of President Donald Trump's...

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