Which Idiot Decided to Repeal Glass-Steagall?

Note: In a previous diary on OTC Derivatives (Which Idiot Decided Not to Regulate Credit Default Swaps?) we looked at the legislative history of the Commodity Futures Modernization Act of 2000. Today's topic is the Gramm-Leach-Bliley Act and the repeal of Glass-Steagall—a part of the deregulation story of how our banks got "too big to fail." For

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