Monday, March 30, 2009

CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS - The New York Times

"Today [1999] Congress voted to update the rules that have governed financial services since the Great Depression and replace them with a system for the 21st century," Treasury Secretary Lawrence H. Summers said. "This historic legislation will better enable American companies to compete in the new economy."

Um, yeah.

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