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Financial Tunes

Bankofamerica Com Investments Knowledge Base

Are democrats blocking efforts to expose corruption that caused the recession? A leading Democrat in the House of Representatives who has rebuffed Republican efforts to subpoena records of a mortgage program for favored borrowers at Countrywide Financial Corp got home loans from that lender, the Wall Street Journal reported on Friday. http://news.yahoo.com/s/nm/20090807/ts_nm/us_bankofamerica_lawmaker For those that think that bank deregulation caused the world wide recession under the Bush administration, think again. http://www.govtrack.us/congress/bill.xpd?bill=s106-900 S. 900: 106th Congress This bill was created in the 106th Congress, in 1999-2000. 1999-2000 Gramm-Leach-Bliley Act This bill became law. It was signed by William Clinton. Last Action: Nov 12, 1999: Became Public Law No: 106-102. Other Titles: -- Financial Services Modernization bill -- ATM Fee Reform Act of 1999 -- Federal Home Loan Bank System Modernization Act of 1999 -- Prime Act -- Program for Investment in Microentrepreneurs Act of 1999 Sub your just sad. All i have are links and information from them and you STILL wont believe the facts. Why did Bill Clinton sign that bill into law?
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