Submitted on Wednesday 4th July 2012
Published on Friday 6th July 2012
Current status: Closed
Closed: Saturday 6th July 2013
Signatures: 6
Implement banking separation now
In the light of the recent disclosures regarding Barclays and others, pass a Glass Steagall type act that requires retail banks to be separate companies. The proposal to implement a "Chinese walls", type of ring fencing as currently proposed by the coalition government has clearly been overtaken by events.
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