Tristan Snell
A
1776-1933 - major bank crisis every 10 years

1930s - FDR bank rules enacted

1930s-1980s - no major crisis

1980s - rules rolled back

1980s-2010 - major crisis every 10 years

2010 - Dodd-Frank rules enacted

2010-2018 - no major crisis

2018 - rules rolled back

2023 - crisis?
06:49 PM - Mar 13, 2023
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Dennis Clarke
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In response to Tristan Snell.
Sometimes our politics seem like children on a seesaw.
01:13 PM - Aug 02, 2023
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Connie Hewitt
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In response to Tristan Snell.
You just summed up one of Elizabeth Warren's books in one paragraph! Well done!
04:50 PM - Jul 24, 2023
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Trauma Epidemic
A
In response to Tristan Snell.
Yes. Buckle up. {#id:174408#}
11:03 AM - Mar 29, 2023
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True-Blue Spoutonian
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In response to Tristan Snell.
I’d prefer a Fed account.
02:43 PM - Mar 28, 2023
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Abstracts by Nancy/fbook
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In response to Tristan Snell.
I'm sensing a pattern 🤔
03:42 PM - Mar 23, 2023
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Yvette
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In response to Tristan Snell.
REPUBLICANS should NEVER be in charge of the FEDERAL Government & it’s funds. I don’t trust them whatsoever.
06:37 PM - Mar 22, 2023
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Lee Hiller
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In response to Tristan Snell.
I see a pattern in the Matrix
08:35 PM - Mar 14, 2023
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Max Prophet
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In response to Tristan Snell.
You're missing: 1999 - rules rolled back.
In November 1999, President Bill Clinton signed the Gramm-Leach-Bliley Act. GLBA repealed Sections 20 and 32 of the Glass-Steagall Act, which had prohibited the interlocking of commercial and investment activities. This was directly responsible for 2008.
12:09 AM - Mar 14, 2023
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Artemis1 NIN
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In response to Tristan Snell.
Where does The Fed Reserve fall into play here? They won’t stop raising interest rates… so who’s to blame for bank failures???
09:12 PM - Mar 13, 2023
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Max Prophet
A
In response to Artemis1 NIN.
The banks are responsible for their failures. SVB lobbied Congress against banking regulations that would've prevented this from happening. With the help of Democrats the Republicans were able to pass the law that enabled Trump to roll back Dodd-Frank (only needed B/c Clinton ended Glass-Steagall)
12:20 AM - Mar 14, 2023
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Rose Shasteen
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In response to Artemis1 NIN.
Your bank deposits are safe as long as you have $250,000 or less. The bank can fail, but your money is insured.
08:50 AM - Mar 27, 2023
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srf_va
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In response to Tristan Snell.
Sometimes I feel like capital markets without regulation is just legalized gambling.
08:49 PM - Mar 13, 2023
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Bryan Creed
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In response to Tristan Snell.
Glad you are here, Tristan -
08:35 PM - Mar 13, 2023
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Jeff Horowitz
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In response to Tristan Snell.
If only we knew what to do...
08:35 PM - Mar 13, 2023
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Stewart Tan
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In response to Tristan Snell.
Hmmm, I sense a pattern... let me think 🤔 😃
08:15 PM - Mar 13, 2023
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DrMHasOpinions
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In response to Tristan Snell.
Weird, ain't it.
07:21 PM - Mar 13, 2023
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ChingonaGordaVieja
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In response to Tristan Snell.
07:21 PM - Mar 13, 2023
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Stephie Lynn
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In response to Tristan Snell.
Sadly history is doomed too repeat itself. 😞
07:01 PM - Mar 13, 2023
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RobPalmerIRL (he/him/his)
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In response to Tristan Snell.
yeah that's the pattern.
06:50 PM - Mar 13, 2023
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