To: rightwingintelligentsia
Glass-Steagall Act is what Bill Clinton signed to start this all.
7 posted on
09/17/2008 4:40:36 AM PDT by
bmwcyle
(Vote McWhatshisname and PALIN)
To: bmwcyle
Glass-Steagall Act is what Bill Clinton signed to start this all. On November 12, 1999, President Bill Clinton signed into law the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act of 1933.
18 posted on
09/17/2008 4:57:09 AM PDT by
Realism
(Some believe that the facts-of-life are open to debate.....)
To: bmwcyle
What is that act all about?
28 posted on
09/17/2008 5:08:34 AM PDT by
Freedom'sWorthIt
(DEFUND NPR - National Propaganda Radio for the Leftists/Communists/Socialists)
To: bmwcyle
Glass-Steagall Act is what Bill Clinton signed to start this all.
Not quite.
from Wikipedia:
The Gramm-Leach-Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, Pub. L. No. 106-102, 113 Stat. 1338 (November 12, 1999), is an Act of the United States Congress which repealed the Glass-Steagall Act...
The interesting element, that many fail to mention, is this:
- Gramm (Republican)-
- Leach (Republican)-
- Bliley (Republican)
58 posted on
09/17/2008 6:05:01 AM PDT by
TomGuy
To: bmwcyle
Brought to him by Republican Phil Gramm and Republican Jim Leach.
To: bmwcyle
No, the bill I think you’re referring to is the Gramm-Leach-Bliley Act. And remember, Phil Gramm has been an economic advisor to John McCain.
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