Nice to see that you reamin consistently ignorant of reality. The only think Phil Graham did was eliminate Glass-Steagle which was not only anti trust legislation but largely redundant anti trust legislation. The only difference Glass/Steagle could have made would have been that a lot more smaller banks would have gone south and that there wouldn't have been so many really large ones.
They could trade in and had traded in everything they had traded in before the repeal of Glass/Steagle.
What killed every thing was that to much of the housing market had become tainted because of structural problems within the housing industry itself which no one on either side of the ailse has addressed yet.
They could trade in and had traded in everything they had traded in before the repeal of Glass/Steagle.
What killed every thing was that to much of the housing market had become tainted because of structural problems within the housing industry itself which no one on either side of the ailse has addressed yet.