CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS - The New York Times
http://www.nytimes.com/1999/11/05/business/congress-passes-wide-ranging-bill-easing-bank-laws.html

this is the "shotgun over the mantle" of the financial debacle we are living through -- those few with a sense of history or drama KNEW it would be fired before the play ends... and here we are

Phil Gramm

news of the repeal of the steal-glass act

The decision to repeal the Glass-Steagall Act of 1933 provoked dire warnings from a handful of dissenters that the deregulation of Wall Street would someday wreak havoc on the nation's financial system. -- boy did it ever!

Ground zero for the financial crisis. 1999.