"In November 1999, fourteen months before leaving office, President Bill Clinton signed the repeal of the Banking Act of 1933 into law. He did so in defiance of it being set up to protect us from the marriage of commercial and investment banks that caused the Great Depression. Clinton's legacy was the birth of toxic MBS Securitization that profited the banks from 2000 until the mortgage meltdown of 2008 and caused the financial crisis we remain in today. A legacy of massive debt and unemployment. Tens of millions of Americans received toxic mortgages, lost their homes and still face the theft...
"In November 1999, fourteen months before leaving office, President Bill Clinton signed the repeal of the Banking Act of 1933 into law. He did so in d...