2016 Postmortem
In reply to the discussion: Thank you Bernie Sanders For Running Such A Positive Campaign & Continuing To Do So. [View all]Octafish
(55,745 posts)Lots of friends who are like family work together in the "Weath Management" department.
Before UBS, they all worked together in Washington, where Sen. Phil Gramm (R-Texas) shepherded financial deregulation of the banks through Congress and President Bill Clinton (D-USA) signed it into law, the repeal of New Deal protections that kept Wall Street from using the taxpayers for their tab at the casino. President Bush was there, too, making sure the Banksters got away in 2008.
Forensic economist and former Fed regulator William K. Black wrote it reminds him of what happened during the Savings and Loans Crisis of the late 80s and early 90s. At the time, that was the greatest heist in history.
Bernie must've forgot. Or he never knew this, seeing how little the news media monopoly does to inform America.