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Absolutely...In Reply to: Re: BINGO! Give that person a cigar! posted by luke on April 03, 2008 at 6:39 AM Luke, Once the restraints of Glass-Steagall were removed it paved the way for lenders to take unfettered advantage of the gusher of money that then poured into the banking system from the financial markets. ------Ward ========== : Interesting....Ward do you think the emasculation of the Glass-Steagall Act has had a greater effect than interest rates being held artificially low for too long? : Follow Ups:
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