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Reply #4: Please note: Citi bank broke Glass-Steagall first. [View All]

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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-31-11 08:00 PM
Response to Reply #1
4. Please note: Citi bank broke Glass-Steagall first.
Edited on Thu Mar-31-11 08:15 PM by Democrats_win
In his book, Griftopia, Rolling Stone reporter Matt Taibbi points out that before Glass-Steagall was repealed, Citi bank broke this law buy buying Travelers insurance. They were trying to force the issue! Phil Gramm and his cronies led the way. Of course Clinton should never have signed the repeal. Nevertheless, we should always include Citi bank and Graham cracker Phil along with Clinton.

edit: Taibbi spelled with two b's
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