Sn...@smack.com wrote in 
news:8qukdalhb6ujmp49l...@4ax.com:
Sure....as long as you also consider the responsibility of the Democrats 
in the same mess:
Enjoy.....
I added the vote statistics and the composition of both Houses of 
Congress.
1978 - Marquette vs. First of Omaha  Supreme Court allows banks to export 
the usury laws of their home state nationwide and sets off a competitive 
wave of deregulation, resulting in the complete elimination of usury rate 
ceilings in South Dakota and Delaware, among others.
1980 - Depository Institutions Deregulation and Monetary Control Act  
Legislation increases deposit insurance from $40,000 to $100,000, 
authorizes new authority to thrift institutions, and calls for the 
complete phase-out of interest rate ceilings on deposit accounts.
Senate -  76 -  9 Roll call vote
House  - 367 - 69 Roll call vote
Composition of Congress
Senate  Dems -  58   Reps -  41  Other - 1
House   Dems - 277   Reps - 158
President - Jimmy Carter
1982 - Garn-St. Germain Depository Institutions Act  Bill deregulates 
thrifts almost entirely, allowing commercial lending and providing for a 
new account to compete with money market mutual funds. This was a Reagan 
administration initiative that passed with strong bi-partisan support.
Senate - Voice vote
House  - 272 - 91
Composition of Congress
Senate  Dems -  46   Reps -  53  Other - 1
House   Dems - 242   Reps - 192  Other - 1
President Ronald Reagan
1987 - FSLIC Insolvency  GAO declares the deposit insurance fund of the 
savings and loan industry to be insolvent as a result of mounting 
institutional failures.
1989 - Financial Institutions Reform and Recovery Act  Act abolishes the 
Federal Home Loan Bank Board and FSLIC, transferring them to OTS and the 
FDIC, respectively. The plan also creates the Resolution Trust 
Corporation to resolve failed thrifts.
Senate -  91 -  8 vote
House  - 320 - 97 Roll call vote
Composition of Congress
Senate  Dems -  55  Reps -  45 
House   Dems - 260  Reps - 175
President George Herbert Walker Bush
1994 - Riegle-Neal Interstate Banking and Branching Efficiency Act  This 
bill eliminated previous restrictions on interstate banking and 
branching. It passed with broad bi-partisan support.
Senate - Voice vote
House  - Voice vote
Composition of Congress
Senate  Dems -  57  Reps -  43
House   Dems - 258  Reps - 176
President William J Clinton
1996 - Fed Reinterprets Glass-Steagall  Federal Reserve reinterprets the 
Glass-Steagall Act several times, eventually allowing bank holding 
companies to earn up to 25 percent of their revenues in investment 
banking.
1998 - Citicorp-Travelers Merger  Citigroup, Inc. merges a commercial 
bank with an insurance company that owns an investment bank to form the 
world's largest financial services company.
1999 - Gramm-Leach-Bliley Act  With support from Fed Chairman Greenspan, 
Treasury Secretary Rubin and his successor Lawrence Summers, the bill 
repeals the Glass-Steagall Act completely.
         Yes    No  NV
Senate 
   Dem    38     7   0   
   Rep    52     1   2
House
   Dem   155    51   5
   Rep   207     5  10
Composition of Congress
Senate   Dems -  45  Reps -  55
House    Dems - 207  Reps - 226  Other - 2 
President William J Clinton
2000 - Commodity Futures Modernization Act  Passed with support from the 
Clinton Administration, including Treasury Secretary Lawrence Summers, 
and bi-partisan support in Congress. The bill prevented the Commodity 
Futures Trading Commission from regulating most over-the-counter 
derivative contracts, including credit default swaps.
House  - 292 - 60
Senate -  52 - 43
Composition of Congress
Senate   Dems -  45  Reps -  55
House    Dems - 211  Reps - 223 
President William J Clinton
2004 - Voluntary Regulation  The SEC proposes a system of voluntary 
regulation under the Consolidated Supervised Entities program, allowing 
investment banks to hold less capital in reserve and increase leverage.
2007, Subprime Mortgage Crisis  Defaults on subprime loans send 
shockwaves throughout the secondary mortgage market and the entire 
financial system.
December 2007 - Term Auction Facility  Special liquidity facility of the 
Federal Reserve lends to depository institutions. Unlike lending through 
the discount window, there is no public disclosure on loans made through 
this facility.
March 2008 - Bear Stearns Collapse  The investment bank is sold to JP 
Morgan Chase with assistance from the Federal Reserve.
March 2008 - Primary Dealer Facilities  Special lending facilities open 
the discount window to investment banks, accepting a broad range of 
asset-backed securities as collateral.
July 2008 - Housing and Economic Recovery Act  Provides guarantees on new 
mortgages to subprime borrowers and authorizes a new federal agency, the 
FHFA, which eventually places Fannie Mae and Freddie Mac into 
conservatorship.
September 2008 - Lehman Brothers Collapse  Investment bank files for 
Chapter 11 bankruptcy.
October 2008 - Emergency Economic Stabilization Act  Bill authorizes the 
Treasury to establish the Troubled Asset Relief Program to purchase 
distressed mortgage-backed securities and inject capital into the 
nation's banking system. Also increases deposit insurance from $100,000 
to $250,000.
House     Yes   No  NV
  Dems -  172   63
  Rep      91  108
Senate     74   25 
Composition of Congress
Senate  Dems -  49  Reps -  49  Other - 2
House   Dems - 233  Reps - 198  Other - 4    
President George W Bush
   
Late 2008 -  Money Market Liquidity Facilities  Federal Reserve 
facilities created to facilitate the purchase of various money market 
instruments.
March 2009 - Public-Private Investment Program  Treasury Secretary 
Timothy Geithner introduces his plan to subsidize the purchase of toxic 
assets with government guarantees.
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