[twntaipan]

Rubin, Rubin, I've Been Thinkin', Bout your Citibank be stinkin...

[onguard]

Does this mean we need more government oversight of the financial markets, not less?

[Jacquerie]

More of the Clinton stench. Everything was for sale.

[A Cyrenian]

I thought the melt down according to Larry Kudlow, was because of Apparently, many (most?) of these people in crisis are "minority homeowners" and pressure "to approve" is being brought upon some lenders by inner-city law firms, such as the one that Obama may have worked for in Chicago. All under the guise of "anti-discrimination." (forcing these lenders to approve loans to minorities regardless of "affordability," that would otherwise have been "wisely" rejected

Kudlow Quote

[org.whodat]

Its repeal, under the Gramm-Leach-Bliley Act, drafted and passed by a Republican congress, and signed by Billiam Jefferson Clinton, allowed commercial banks to merge with investment banks.

No doubt, now which republican slipped the wording in the transportation bill so the Saudis could buy up American roads.

[Moonman62]

So was Travelers the investment bank or the mortgage writer? Does the author know that Citi and Travelers separated in 2002 and Travelers was completely sold off in 2005?

[NonValueAdded]

Clinton’s fault!!!