then they didnt allow any of even the temp ones to implement.
fuck you and YOUR interpitation.
Ill take these expert ones asshole
They got to act as brokers with NO exceptions
The Gramm-Leach-Bliley Act (GLBA) replaced banks' complete exception from the definition of "broker" with eleven "functional exceptions."
right from the SEC asshole
Ill take the SECs word instead of yours
You are a proven liar on this site super.
did you forget
And what caused the crash darling? Inflated housing prices, because anyone could get a mortgage. And then people not repaying their mortgages.
And when banks tried to be cautious they were punished by the government. Because obviously the right-wing extremists were hell-bent on minority home ownership.
Who took the loss? The banks and the financial institutions. How many of them are no longer in existence?
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.
ooooooops
yeah me and the SEC are lying huh
see how stupid you two are?
you want to give the very banks who fucked us a free pass after your party gave them a free pass to fuck us
and you never admit when your wrong.
what good are you in an adult conversation
RETAIL Banks Desh, not all banks you fucking moron. That is what happened when CLINTON repealed Glass Steagall. The RETAIL banks always had exemption, because they were not allowed to sell securities. The investment banks always were covered by SEC 1934. Anyone selling stocks, bonds, etc... were covered. The question was what exemptions to continue to allow the RETAIL side of the banks. That was what was put in place. Those people were NOT selling stocks, bonds etc... you fucking moron.