Are you implying there is a link?

I am glad to see Gramm is out of the McCain inner circle, he was slated to be McCains main finance guy, and he was the driving force behind getting Glass-Steagall passed (actually his lobbiest donaters were)

At least with this economic meltdown, they are sure to shore up regulations, so they can ignore them in the future.

Bob

>http://www.cnn.com/ALLPOLITICS/stories/1999/11/12/banking.reform/index.html
>
>In case anyone doesn't recall the regulation that was repealed by Clinton on that day was:
>
>http://en.wikipedia.org/wiki/Glass-Steagall_Act
>
>President Bill Clinton signed into law the Gramm-Leach-Bliley Act which repealed the Glass-Steagall Act of 1933. One impact of this repeal is that certain advisory activities of the banks are now regulated by the Investment Advisers Act of 1940 and repealed the Glass-Steagall Act of 1933. One impact of this repeal is that certain advisory activities of the banks were now regulated by the Investment Advisers Act of 1940.
>
>It was the same day he was acquitted by the Senate of impeachment charges .
>
>Information on the 1933 bill:
>
>http://www.investopedia.com/articles/03/071603.asp
>http://www.marketwatch.com/news/story/would-glass-steagall-save-day-credit/story.aspx?guid=%7B3AA33D85-AD38-41B4-B300-033235B5734A%7D
>http://www.cftech.com/BrainBank/SPECIALREPORTS/GlassSteagall.html