[swarthyguy]

I tried to convince someone that the most egregious step in deregulating and gutting GlassSteagall was done under Clinton, but to no avail.

[Alberta's Child]

To be fair, Bill Clinton just went along for the ride and signed a bill that was passed by a GOP-led Congress that was fully bought by the financial services industry (hence the name of Phil Gramm on that piece of legislation). Just as he actually said shortly after he left office that "defeating the 1994 Republican revolution" was his greatest accomplishment even though he signed most of Newt Gingrich's "Contract with America" into law.

Bill Clinton will be remembered as one of the most unprincipled and inconsequential presidents in this country's history. Kudos to the long-forgotten pundit who described him as nothing more than "a disco haircut with a personality disorder."