[BobL]

“It doesn’t show the government stopped regulating banks. Are you sure that’s what it did? “

You’re welcome. Yea, in effect, it told them that the government was through questioning their judgement...Option ARMs started becoming mainstream almost to the day it passed, and the rest was history.

[Toddsterpatriot]

You’re welcome. Yea, in effect, it told them that the government was through questioning their judgement...

Could you highlight the part that says that? Thanks.

Option ARMs started becoming mainstream almost to the day it passed, and the rest was history.

Glass-Steagall didn't prevent Option ARMs. Or losing money on crappy mortgages.