... know in detail of what cause this, please check out the...wake of the 1929 stock market crash and during a nationwide...is known today as the Glass-Steagall Act (GSA). This act...main culprit of the financial crash. According to that reasoning, commercial...Act - Creating Barriers Senator Carter Glass, a former Treasury secretary and...behind the GSA. Henry Bascom Steagall was a House of Representatives...

...> http://en.wikipedia.org/wiki/Glass-Steagall_Act ...NOMI PRINS: The bailout of...that subprime mortgages fell and that caused some losses to AIG. AIG was...before it happened. Actually the Acts (Glass & Steagall) were both reactions of the... problems which followed the Stock Market Crash of 1929 it is clear.... http://en.wikipedia.org/wiki/Glass-Steagall_Act http://en.wikipedia.org/...

... and institutions whose reckless behavior caused this financial mess. Yet government ... are naturally dumping financial-sector stocks. Most recently, the investors' fears...of conservative propaganda, arguing that markets make wiser decisions than government...repealed the New Deal-era Glass-Steagall Act, which prevented commercial...Great Depression after the stock market crash of 1929. I offer...

... indeed. Parasites beget parasites. -------------------------------------------------------------------------------------------------------------------- THE CAUSE: Creation Of A Parasite Class...using the 1987 Market Crash that they caused as their excuse...shorts placed on Bear Stearns stock under circumstances that could not...the negative GDP, they repealed Glass-Steagall with the passage of...