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this scene starts in 1999 when these three repubs authored a bill the allowed banks, investment firms, and insurance companies to work under one entity. <br> At the time, one senator predicted in ten years we would look back at this act with distaste because it "will cause massive taxpayer bailout for companies deemed too big to fail". <br> <br> WOW! That sounds familiar. <br> <br> Sometimes gov't regulation is the answer ...<br> <br> (passed by a republican congress and signed by a dem president - both parties are to blame here)
By Alan