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that gets bigger each time after a major financial deregulation law package passes..its an uncanny correlation..uncanny as most congress people and senators seem to be okay with overlooking it as long as their political war chests are filled with lobbyists dollars..



I'm curious - what are the major financial deregulation laws you are speaking of?


The Garn–St. Germain Depository Institutions Act preceded the S&L crisis and both the Gramm–Leach–Bliley Act and the Commodity Futures Modernization Act preceded the subprime mortgage crisis.

http://en.wikipedia.org/wiki/Garn_-_St_Germain_Depository_In...

http://en.wikipedia.org/wiki/Gramm-Leach-Bliley_Act

http://en.wikipedia.org/wiki/Commodity_Futures_Modernization...




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