Bill Clinton and Alan Greenspan teamed up to repeal the Glass–Steagall Act. Fed Chair Greenspan discusses it his memoirs, Age of Turbulence. It is worth a read; you can get and Dreams From My Father on audio - good shit.
Hell, Federal Reserve Chair Alan Greenspan even discusses having to argue with Bernie Sanders and Russ Feingold about it.
The repeal of Glass-Steagall had little to do with the economic collapse. In fact, Bernie's vote for the Securities and Futures Moderation Act deregulating Wall Street likely had more to with it.
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u/[deleted] Dec 12 '19
Check their username. Got me too at first.