Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

2016 Postmortem

Octafish

(55,745 posts) Sat Jun 18, 2016, 08:58 AM Jun 2016

Great Moments in Bi-Partisanship: The Signing of Gramm-Leach-Bliley Act of 1999 [View all]

The Financial Services Modernization Act of 1999 repealed Glass-Steagall and the New Deal firewall protecting US taxpayer insured-deposits from Wall Street predation.

46 replies

= new reply since forum marked as read

Highlight:

Great Moments in Bi-Partisanship: The Signing of Gramm-Leach-Bliley Act of 1999 [View all] Octafish Jun 2016 OP

OMG THIS CHANGES EVERYTHING!!!!111!!! betsuni Jun 2016 #1

Apart from the Truth? Octafish Jun 2016 #2

No, unfortunately, it doesn't. SMC22307 Jun 2016 #5

Do you think this is a goddamn joke, or something? DerekG Jun 2016 #13

+1 leeroysphitz Jun 2016 #21

+1000 senz Jun 2016 #34

+1000 nt Live and Learn Jun 2016 #35

Your needle seems to be stuck... ljm2002 Jun 2016 #19

nice catch!!! (and slap down) AntiBank Jun 2016 #42

It does for those that care about policy over personality. n/t leeroysphitz Jun 2016 #20

As "good" as lobbying for Gramm Leach Blilely was, lobbying for merrily Jun 2016 #3

What did that one do for the mineral extraction industries, merrily? Octafish Jun 2016 #4

What it did for crap mortgage derivatives allowed Wall Street to bring down the economies of merrily Jun 2016 #9

My New Democratic Friend George Herbert Walker Bush, a really great guy, did a really great thing... Octafish Jun 2016 #14

Oh! The DERIVATIVES! Octafish Jun 2016 #7

The wiki on this is well worth reading. merrily Jun 2016 #12

What would Goldman think about putting taxpayers on the hook for the trillions bet at the casino? Octafish Jun 2016 #16

Brooksley Born <<< HERO!!!!!!!!!! AntiBank Jun 2016 #39

You mean the one that Bernie voted for? Lord Magus Jun 2016 #43

Yawn. He didn't lobby for it or tie it to other bills and to a shut down of government when merrily Jun 2016 #44

Oh, so he didn't LOBBY for it, that's supposed to excuse his vote? Lord Magus Jun 2016 #45

Missed the point. Guess building that straw man distracted you. merrily Jun 2016 #46

You have a typo in your headline! hootinholler Jun 2016 #6

Ouch! merrily Jun 2016 #10

Like a hidden meany. Octafish Jun 2016 #11

This act destroyed my retirement fund. 99Forever Jun 2016 #8

No questions. Octafish Jun 2016 #15

Voting for "Her" is actually voting for HIM, and another opportunity to do more 2banon Jun 2016 #18

I like what St George said about it Hydra Jun 2016 #17

Yep. nt LWolf Jun 2016 #22

Crosses the aisle. Octafish Jun 2016 #23

There it is. K&R bobthedrummer Jun 2016 #26

Two days of anger left... brooklynite Jun 2016 #24

Milton Friedman and the Rise of Monetary Fascism Octafish Jun 2016 #28

valid criticism of these HORRIFIC passed bills will never been banned on here AntiBank Jun 2016 #41

Kicked and recommended. Uncle Joe Jun 2016 #25

"Dollar Bill Phil" Gramm + Larry Summers, Protector of Plutocracy Octafish Jun 2016 #27

K&R. Big reason I don't want HRC consulting WJC on the economy. Need to dump the TPP. Overseas Jun 2016 #29

You know who else ''helped'' with the NAFTA? Dr. Henry Kissinger Octafish Jun 2016 #30

And now you've hit on another big reason I voted for Bernie. War weary. War criminal advisors Overseas Jun 2016 #31

News Blackout: The Chicago-Chile Connection... Octafish Jun 2016 #32

Tough to see it all right there... We'll have to keep fighting to preserve our social security. Overseas Jun 2016 #33

The Chicago Boys in Chile: Economic Freedom's Awful Toll Octafish Jun 2016 #37

K&R, for what's left of this place. senz Jun 2016 #36

This message was self-deleted by its author AntiBank Jun 2016 #38

Dont forget ex Goldman Sachs executive rat fuck Gary Gensler is Hillary's chief econ advisor AntiBank Jun 2016 #40