Investing in Precious Metals 101 ad

“CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS” — c. 1999

Login or register to post comments Last Post 1353 reads   2 posts
  • Fri, Mar 27, 2009 - 04:47pm

    #1
    bparker321

    bparker321

    Status Member (Offline)

    Joined: Oct 07 2008

    Posts: 1

    count placeholder

    “CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS” — c. 1999

Here’s an article from Nov. 1999 from the NYT covering what I would call a watershed moment in this crisis:

http://www.nytimes.com/1999/11/05/business/congress-passes-wide-ranging-bill-easing-bank-laws.html

I think it’s a nice complement to SamLinder’s post a few mins ago.  My favorite quote from the article from Sen. Byron Dorgon — ”I think we will look back in 10 years’ time and say we should not
have done this but we did because we forgot the lessons of the past,
and that that which is true in the 1930’s is true in 2010"

 

  • Fri, Mar 27, 2009 - 05:44pm

    #2
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Offline)

    Joined: Oct 31 2017

    Posts: 1612

    count placeholder

    Re: “CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS” — …

bparker321,

Good post. You’re right it is "a nice complement" to my other post. How frustrating that the handwriting was on the wall so many years ago but greed overrode common sense (as usual)!  Arrrggghhh!  Yell

Viewing 2 posts - 1 through 2 (of 2 total)

Login or Register to post comments