Big banks are having a torrid time of it these days. First there was the financial crisis, for which most people blamed them, and now a spate of scandals that has cast the industry in an even worse light an achievement that few would have thought possible a year ago.
Indeed, the stink is now so bad that some people are calling for the re-introduction of Glass-Steagall, a post-Depression set of rules that erected a strict and simple divide between Main Street and Wall Street banks, or something similar. And our readers agree in our web poll last week, three-quarters of them said it is time for...
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