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Re: [Pen-l] Financial Catastrophe: Here We Go Again

Michael Perelman wrote:
> The Reagan administration, including daddy Bush, moved to deregulate the
> Savings and Loans.  Given this newfound freedom, crooks and nincompoops
> (including President Bush's younger brother) rushed in to take advantage of
> profiting from other people's money.

for what it's worth, deregulation of the S&Ls was a bipartisan affair.
-- 
Jim Devine / "Nobody told me there'd be days like these / Strange days
indeed -- most peculiar, mama." -- JL.
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