Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sunny Jim who wrote (92024)	12/25/2008 5:00:24 PM
From: maxncompany	3 Recommendations Read Replies (1) \| Respond to of 116555

"Gee, I wonder what Bill Clinton had in mind when he signed the repeal of Glass-Steagall" Doing a favor for Wall Street just like most of Washington.

To: Sunny Jim who wrote (92024)	12/25/2008 5:16:28 PM
From: koan	Read Replies (2) \| Respond to of 116555

>>Gee, I wonder what Bill Clinton had in mind when he signed the repeal of Glass-Steagall.......<< It was in an appropriation bill. Probably part political and part not understanding its full ramifications.

To: Sunny Jim who wrote (92024)	12/25/2008 6:11:27 PM
From: bruiser98	2 Recommendations Respond to of 116555

I stumbled across this. businessweek.com The bill passed both houses of Congress by 2/3 majority. FED had effectively repealed by administrative edict most of the provisions of Glass-Steagall. (Just like today. FED does what it wants. No one is there to rein them in.) pbs.org