Who killed Glass-Steagall?
The consequences predicted 10 years earlier
Pam Marten warned us in 1998
One of the Bill Clinton’s biggest “accomplishments” of his eight year term – besides tripling the prison population – was gutting a law called Glass-Steagall.
It was the “mistake” that set up the 2008 global financial collapse that we’re still dealing with.
“But no one knew this would happen.” Baloney.
Pam Marten, and others, warned us very clearly what would happen if Glass-Steagall was repealed way back in 1998.