CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS - The New York Times
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
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.