COINCIDENCE! Robert Rubin, as Treasury Secretary under Clinton, blocked regulation of derivatives in 1997, then negotiated the repeal of the Glass-Steagal Act in 1999, making Citigroup one of the largest financial instutions in the World. Three months later he joined Citigroup's Management. (nytimes.com)
Billy also let the governmetn direct mortgages to poor who could not affoard them resulting in the mortgage debacle.
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