> we'll have to switch to banks as custodial accounts. Isn't that effectively what Glass-Steagall, a law passed after one of our previous massive failures, m

> we'll have to switch to banks as custodial accounts. Isn't that effectively what Glass-Steagall, a law passed after one of our previous massive failures, mandated? > These private companies can't make huge profits off of deposits in good times If they were, then why were interest rates so low? Either way, I figure the river of low interest government money was what made them so profitable, and now that this tap is turned off, the reason they're immediately failing. > insured by tax payers in bad times. If deposits equated to profits, then what is the current source of "stress?"