On Sep 19, 2008, at 3:46 PM, Jim Devine wrote:
Michael Perelman wrote:
The Reagan administration, including daddy Bush, moved to
deregulate the
Savings and Loans. Given this newfound freedom, crooks and
nincompoops
(including President Bush's younger brother) rushed in to take
advantage of
profiting from other people's money.
for what it's worth, deregulation of the S&Ls was a bipartisan affair.
Not so oddly, it was not among the crimes that Fernand St. Germain was
sent to jail for.
Shane Mage
"This is the sort of stupid pedantry up with which I will not
put." (W. Churchill)
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