Gov. O'Malley

He’s promising the far left to do in the bankers.

Via AP:

Democrat Martin O’Malley is making tougher oversight of Wall Street a centerpiece of his presidential campaign, outlining steps to bring more regulations to large banks and tax high-frequency trading.

The former Maryland governor, in what his campaign called an open letter to the Wall Street megabanks, laid blame on the large financial institutions for the 2008 financial crisis as he released a series of policy proposals Thursday aimed at regulating large banks and cracking down on financial industry excess.

“As president, I have no plans to let up on you. I’ll work tirelessly to eliminate the unique danger posed by the handful of too-big-to-fail banks,” O’Malley wrote, adding: “Too-big-to-fail, too-big-to-manage, and too-big-to-jail — megabanks pose an enormous risk to the financial system, the economy, and American families.”

Keep reading…

0 Shares