Senator Schumer destroyed Glass Steagall Act

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Uploaded by on Oct 3, 2010

Senator Schumer is a champion of Wall Street and investment banks. Senator Schumer's vote helped kill the Glass-Steagall Act and his influence helped bring about the subprime mortgage crisis, the bank bailouts and TARP.

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  • Chuck Schumer voted nay ...

  • GLBA.Unless I'm retarded Gramm-Leach-Bliley are all republicans.

    Clinton had the opportunity to veto the GLBA , true, but his veto would have been over-written.He admits this law was a mistake.

    Phil Gramm gets his share of the blame.Are you kidding me, his name is the first name on the bill.Google

    Foreclosure Phil for God sake! You know better,disinformation order9066 should be your name Do a video on Phil Gramm,Leach or Bililey the bills sponsors.Then I'll have respect for you.

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