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Glass Steagal

November 2nd, 2010 No comments



glass steagal
Deregulation of loans that have caused financial problems created?

the future and said iris is checked "The heart of the problem was the Republican Gramm-Leach-Bliley Act, which overthrew the democratic Glass Steagall law. "That's the-Leach-Bliley Act of 1999 Gramm-approved the Senate 90-8 and signed by Bush? Err no, not president at the time of Clinton. So who is the one who made deregulation? Well fed, so why Why vote for Democrats 38-8

Glass Steagall Act did not apply to commercial banks (those that have been presented to the public), but most problems have been in investment banks, AIG, and mortgage brokers were not allowed by law, although it had not been repealed. The non-regulation of the shadows financial system and the derivatives market, including credit default swaps, which was the problem

Who repealed the Glass-Steagall Act?