Bad banks, carers and school funding
![US president George W Bush, left, appointed former Goldman Sachs CEO Henry Paulson to the position of US Treasury ...](/content/dam/images/g/r/z/r/m/n/image.related.afrIndexLead.320x210.grzrtt.png/1476161263057.jpg)
Pierpont so rightly comments, in "Crazy bonds pressure banks" (October 6), on the damage done leading up to the global financial crisis by the dumping of the Glass-Steagall Act in 1999 and the failure to reintroduce it after the GFC.