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Martin O'Malley

elleng

(136,064 posts) Tue Jul 21, 2015, 01:13 PM Jul 2015

As President, I’ll defend Dodd-Frank, reinstitute Glass-Steagall,

and work tirelessly to hold Wall Street accountable.

https://www.facebook.com/MartinOMalley/photos/a.10150164591040393.404194.28684115392/10155953638790393/?type=1&theater

2 replies

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As President, I’ll defend Dodd-Frank, reinstitute Glass-Steagall, (Original Post) elleng Jul 2015 OP

Point of clarification bluestateguy Jul 2015 #1

Thanks for the info. elleng Jul 2015 #2

bluestateguy

(44,173 posts)

1. Point of clarification

Reply to elleng (Original post)

Tue Jul 21, 2015, 01:18 PM

Jul 2015

G-S was repealed gradually under Carter, Reagan and Clinton. It was Carter that began weakening the law, and that process continued over the next 20 years.

This is not to absolve Clinton for signing the final repeal; he was wrong. But rather, just to note that G-S was repealed gradually over a 20 year period. It was Clinton who finished off what was left of the law.

elleng

(136,064 posts)

2. Thanks for the info.

Reply to bluestateguy (Reply #1)

Tue Jul 21, 2015, 01:21 PM

Jul 2015

I wasn't studying such things when Carter was around; just began working for fed administrative agency, so 'deregulation' did get my attention. Too damn bad!

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