Calling for the re-enactment of the Glass-Steagall Act is the new black on Wall Street.

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Even so the suspension, and the dramatic reshaping of Wall Street, represents the final repeal of Glass-Steagall.

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Regulatory evangelists including Nobel Prize economist Joseph Stiglitz and recent senatorial candidate Elizabeth Warren, not to mention the Occupy Wall Street protesters, have named the overthrow of Glass-Steagall as public enemy number one.

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