CRA Advocates Forced end of Glass Stegal

By Entitlemented   Follow   Mon, 19 Nov 2012, 2:55pm PST   509 views   1 comment   Watch (1)   Share   Quote   Permalink   Like   Dislike  

Looks like Clinton, Dodd, bullied Gramm into the Glass Stegal changes in the late 1990s.

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Entitlemented   befriend (0)   ignore (1)   Mon, 19 Nov 2012, 2:58pm PST   Share   Quote   Like   Dislike     Comment 1

They needed this likely to allow the subprime from just the CRA loans to shift into all FHA and private label loans:

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