gramm-leach-bliley

Prophetic Article in the 1999 NY Times- ‘CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS’

9/11 Commissioner and former Sen. Bob Kerrey is quoted in this article, which I took as a reason to include criticism and links regarding that. Hyperlinks at the 911Reports.com post

http://911reports.wordpress.com/2009/03/24/prophetic-article-in-the-1999-ny-times-‘congress-passes-wide-ranging-bill-easing-bank-laws’/
Prophetic Article in the 1999 NY Times- ‘CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS’

An article was published in the November 5, 1999 New York Times regarding the passage of “Gramm-Leach-Bliley” Act; it overturned the Glass-Steagal Act and opened the door for banks and securities companies to engage in the massive orgy of speculation and greed that led to the current economic meltdown. Clinton signed it into law, and most Republicans and Democrats in Congress, and the politically-controlled SEC, OTS, OCC, FBI, Fed Reserve and Treasury, did nothing to stop the criminal corporate profiteers from raping the American consumer and blowing up the economy. Even now, Obama’s administration is aiding and abetting profiteering from the current crisis, by the very same people who profited from rigged markets that led to the crisis.