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This infographic is great. Is there an article or report that can be linked with this though? I would really like to read more from the person that compiled this information on how this all went down. If not, anyone have some suggested reading on this topic?
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thenewgreen · 4820 days ago · link ·
Massive deregulation: http://www.wsws.org/articles/1999/nov1999/bank-n01.shtml
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Worth noting: FDIC insurance remained on bank side, too. This was pretty much the stupidest thing that could have happened. Deregulation without removing the FDIC insurance restored all the greed without removing the fear. It was no surprise what happened next.
Wow, 31 banks merged into 21 banks that year.
http://www.richmondfed.org/publications/research/economic_qu...