The repeal of the Glass-Steagall Act in 1999 by a Republican Congress was a gift to Wall Street
Last week, Ben Popken at Consumerist suggested that the repeal of the Glass-Steagall Act in 1999 by a Republican Congress was a gift to Wall Street that encouraged banks to issue the sketchy mortgages that, failing spectacularly across the country, have dragged the economy into the toilet.
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Tags: Citigroup, congress, Glass-Steagall, Graham-Leach-Bliley, legislation, lobbyists
Filed under: blurbs
Tags: Citigroup, congress, Glass-Steagall, Graham-Leach-Bliley, legislation, lobbyists
Filed under: blurbs
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