Buddy Roemer: Banks Need to Put the Customer First

Buddy Roemer: Banks Need to Put the Customer First

Buddy Roemer: Banks Need to Put the Customer First

The former Louisiana governor and Republican presidential candidate is sick of the greedy banking practices that led to the financial crisis.

Facebook
Twitter
Email
Flipboard
Pocket

The repeal of the Glass-Steagall Act in 1999 paved the way for big banks to gamble with customer money, and eventually trigger the biggest financial crisis in the US since the Great Depression, says former Louisiana governor and Republican presidential candidate Buddy Roemer. “I’m not against large,” Roemer says about banking practices in the country, “What I’m against is dumb. What I’m against is greed. What I’m against is the banker first and the customer second. It ought to be reversed.”

—Steven Hsieh

Video edited by Karen Rybold-Chin and filmed by Eric Allin and Greg David.

Thank you for reading The Nation!

We hope you enjoyed the story you just read. It’s just one of many examples of incisive, deeply-reported journalism we publish—journalism that shifts the needle on important issues, uncovers malfeasance and corruption, and uplifts voices and perspectives that often go unheard in mainstream media. For nearly 160 years, The Nation has spoken truth to power and shone a light on issues that would otherwise be swept under the rug.

In a critical election year as well as a time of media austerity, independent journalism needs your continued support. The best way to do this is with a recurring donation. This month, we are asking readers like you who value truth and democracy to step up and support The Nation with a monthly contribution. We call these monthly donors Sustainers, a small but mighty group of supporters who ensure our team of writers, editors, and fact-checkers have the resources they need to report on breaking news, investigative feature stories that often take weeks or months to report, and much more.

There’s a lot to talk about in the coming months, from the presidential election and Supreme Court battles to the fight for bodily autonomy. We’ll cover all these issues and more, but this is only made possible with support from sustaining donors. Donate today—any amount you can spare each month is appreciated, even just the price of a cup of coffee.

The Nation does not bow to the interests of a corporate owner or advertisers—we answer only to readers like you who make our work possible. Set up a recurring donation today and ensure we can continue to hold the powerful accountable.

Thank you for your generosity.

Ad Policy
x