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Castro is dead!

From: CHYRON (DSMITHHFX) 7 Dec 2016 14:40
To: ANT_THOMAS 21 of 23
41845.21 In reply to 41845.20
"the banks shouldn't have been lending in the way they were in the first place"

That's the understatement of the century. I'm amazed Fixrman doesn't rejoice in the fact it was largely Bill Clinton's fault, but then he's probably ignorant of it.
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From: fixrman 8 Dec 2016 11:55
To: CHYRON (DSMITHHFX) 22 of 23
41845.22 In reply to 41845.21
It would be moronic to say the least that it is largely Bill Clinton's fault because it is WAY more complicated than that.
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From: CHYRON (DSMITHHFX) 8 Dec 2016 17:30
To: fixrman 23 of 23
41845.23 In reply to 41845.22
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877322,00.html
 
Quote: 
Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.
EDITED: 8 Dec 2016 17:33 by DSMITHHFX
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