Forum Post: One very basic tenet must be...repeal Graham Leach Bliley...
Posted 13 years ago on Oct. 25, 2011, 10:11 p.m. EST by DrDave
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Make no mistake...it only took 9 years after Graham Leach Bliley to undo what Glass Stigall kept together for 60 years. GLB made legal what GS prohibited - investment banking...credit default swaps, derivatives, hedge funds...all the things that lead to the housing bubble and the world wide economic meltdown started with GLB.
Protestors everywhere - put on your signs REPEAL GRAHAM LEACH BLILEY NOW!!!
I've been saying this all along; Glass-Steagall needs to come back and GLB needs to go.
Wow, that's the one. Those sick fraks.
https://secure.wikimedia.org/wikipedia/en/wiki/Gramm–Leach–Bliley_Act