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miamipilot

(82 posts)
8. Not One Mention Of....
Sat May 12, 2012, 10:44 PM
May 2012

Mr. Rubin what about the fact that Wall Street has taken our depositor money leverage it..used it to speculate, bet, and borrow it beyond their capability to handle the risk and left us holding the bag (2008 financial crisis). How about the disastrous lifting of the Glass-Stegal Act (where it all started) being repealed back in 1999 through the Gramm-Leach-Bliley Act , which effectively opened the door to the banks playing in mass in the options/derivatives markets instead of doing what a banks should be doing which is loaning and furthering economic common purpose. So I guess...for now, its: "ups yours.....I've got mine bud….right!!” YOU TELL-EM GEORGE CARLIN…

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