The regulatory environment for the financial services industry tightened and loosened in lots of little ways during the Bush years but there was no overall deregulatory trend. The regulation of public companies generally (not just financial services) was substantially tightened in 2003 with the Sarbanes-Oxley Act, and the regulation of executive compensation (a favorite liberal bogeyman) was tightened in 2007.
The most significant deregulation of the financial services industry in quite some time took place in 1999. Bill Clinton was president. No one was bribed. And the Citi / Travelers combination was not illegal.
People who say the market disruption of 08/09 happened because of Bush deregulation are wrong. I assume they pick things like that up from email chains and random blogs.
Snaps- don’t you dare!! We’ll figure something out- you can’t leave! How can we help?
Etson- well, you’er not the writer MM is. Just because you wouldn’t doesn’t mean squat. A for petualnce- excuse me but you seem to be forgetting a whole lot of Bush-McCain-Palin etc petulance and passing the blame. Funny how you only notice when its a Democrat.
We all coulda been rich a long time ago!
Snappy,
So sorry to hear that. your mom will be overjoyed to have you near. I know you’ve spoken about how the job search has worn you down. I will miss you.
Bxgirl, winning lotto numbers 🙂 By the way, why have we never done an OT/PLUSA lotto pool???
I’m sad to hear about so many people’s unemployment problems. Good luck every one of you.
wow!! a good bye snappy outing is in order.
DCB is sort of right. Kind of.
The regulatory environment for the financial services industry tightened and loosened in lots of little ways during the Bush years but there was no overall deregulatory trend. The regulation of public companies generally (not just financial services) was substantially tightened in 2003 with the Sarbanes-Oxley Act, and the regulation of executive compensation (a favorite liberal bogeyman) was tightened in 2007.
The most significant deregulation of the financial services industry in quite some time took place in 1999. Bill Clinton was president. No one was bribed. And the Citi / Travelers combination was not illegal.
People who say the market disruption of 08/09 happened because of Bush deregulation are wrong. I assume they pick things like that up from email chains and random blogs.
Donatella, lol! Does that cavalry come with the winning numbers for tonight’s lotto drawing? 🙂
Snaps- don’t you dare!! We’ll figure something out- you can’t leave! How can we help?
Etson- well, you’er not the writer MM is. Just because you wouldn’t doesn’t mean squat. A for petualnce- excuse me but you seem to be forgetting a whole lot of Bush-McCain-Palin etc petulance and passing the blame. Funny how you only notice when its a Democrat.
No job there Gem, just can’t continue to bleed money in an expensive city like NY anymore. Time to accept my loss and go 🙁