UNLIKELY LIBERAL: Warren Stephens goes Rooseveltian on big banks.

  • UNLIKELY LIBERAL: Warren Stephens goes Rooseveltian on big banks.

Ernie Dumas writes this week about financier Warren Stephens’ op-ed in the Wall Street Journal — a call to revive something like the bank regulatory legislation of the Roosevelt era, the Glass Steagall Act, that generally only liberals love.

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Dumas notes that this puts Stephens, no liberal generally, squarely in the camp of long-time Arkansas Gazette business writer and editorialist, Leland Duvall, the “sage of Moreland.”

The full column follows:

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