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BIDEN BLOWS UP OIL PRICES BY CANCELLING DRILLING IN U.S. NOW BEGS OPEC
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<blockquote data-quote="bacha29" data-source="post: 5156075" data-attributes="member: 58386"><p>Glass Steagall was repealed in 1999 essentially deregulating the entire banking industry . You're talking about events after 1999 that likely would not have happened had Glass Steagall had not been repealed.....BTW The Big Short is a MOVIE. A highly fictionalized movie only remotely based on the Great Recession. Dodd Frank reestablished many of GS regulations . Among them is the stress test for all banks with assets above 50 million ,separating merchant banks from investment banks and securities brokers had to become fiduciaries .</p></blockquote><p></p>
[QUOTE="bacha29, post: 5156075, member: 58386"] Glass Steagall was repealed in 1999 essentially deregulating the entire banking industry . You're talking about events after 1999 that likely would not have happened had Glass Steagall had not been repealed.....BTW The Big Short is a MOVIE. A highly fictionalized movie only remotely based on the Great Recession. Dodd Frank reestablished many of GS regulations . Among them is the stress test for all banks with assets above 50 million ,separating merchant banks from investment banks and securities brokers had to become fiduciaries . [/QUOTE]
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BIDEN BLOWS UP OIL PRICES BY CANCELLING DRILLING IN U.S. NOW BEGS OPEC
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