Bill Clinton signed the bill

evince said:
not you idiot.

your a fucking dupe minion.

your the whole stupid link in the chain.

your the fucking fool that actually buys the clap trap designed to fool really stupid voters
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Why are you so god damn nasty? You completely lower yourself to their level.

Also, it would do you good to realize that Obama is a banker's boy. He was put in power by bankers. There's nothing particularly unusual about that, that's how we appoint our Presidents. I voted for the main twice for obvious reasons, ie...Sarah Palin, but it's dishonest to act like he's some kind of savior of the left. Mr. Obama is the best Republican President we've had in 30 years.

As I said before, go look up the history of our current Commerce Secretary. Her family paid a half billion dollar fine for loan shark banking before they decided they needed a President that would do their bidding. She got rewarded too.
 
fuck YOU and your ideas of what I should be.

why not just say "hey bitch don't you know your place".

bite a boars ass
 
evince said:
http://www.willkie.com/files/tbl_s29Publications/FileUpload5686/1890/Regulation_B.pdf




The six line into that tell you the interm rules were never allowed to impliment either.


The republicans made sure the banks had NO rules in acting as brokers.

they went to town making fucking money and FUCKED everyone else.

thank your republican party
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1) You are once again WRONG
2) Who was in charge of the NY Fed at the time Desh? You know, the person responsible for overseeing the risk taking of the banks under its jurisdiction?
 
evince said:
You have NEVER answered that question EVER
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Yes, I have you LIAR.

You on the other hand have NEVER acknowledged that the rules you continue to harp on about are EXEMPTIONS to regulation.

Is it the word EXEMPTION that you simply don't understand?
 
evince said:
http://www.sec.gov/news/press/2004-73.htm


SEC Votes To Propose Provisions Implementing Gramm-Leach-Bliley Bank Broker Rules

FOR IMMEDIATE RELEASE
2004-73


Washington, D.C., June 2, 2004 - The Securities and Exchange Commission today voted to publish for comment proposed Regulation B. This new regulation is designed to implement provisions of the Gramm-Leach-Bliley Act of 1999 that delineate the securities activities banks may engage in without registering as brokers under the Securities Exchange Act of 1934.

Regulation B Proposals

The Gramm-Leach-Bliley Act (GLBA) replaced banks' complete exception from the definition of "broker" with eleven "functional exceptions." The Commission today voted to propose new rules to implement the GLBA definition by defining some of the statutory terms used in the eleven exceptions. It also proposed a number of new exemptions for some particular bank activities, under conditions that are consistent with investor protections. All of these provisions build off of rules the Commission adopted in 2001 (Interim Rules).
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then they didnt allow any of even the temp ones to implement.

fuck you and YOUR interpitation.

Ill take these expert ones asshole
 
http://nypost.com/2013/09/17/dems-also-responsible-for-financial-crisis/

Another Rubinite inside the Clinton administration was Timothy Geithner, who then became president of the New York Federal Reserve Bank, perhaps the second-most powerful position at the Fed. Its main job is to regulate the big New York banks — the ones that eventually blew up.


You’d think this wouldn’t be a track record to brag about, since Geithner was at the New York Fed from 2003 to 2008 — when the banks’ risk-taking first went wild, then exploded. But that didn’t stop Obama from making Geithner his first Treasury chief and now taking his advice about who to make the next Fed chairman.
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ooooooops
 
The Gramm-Leach-Bliley Act (GLBA) replaced banks' complete exception from the definition of "broker" with eleven "functional exceptions."


right from the SEC asshole
 
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