Posts Tagged ‘Graham-Leach-Bliley’
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.
