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Monday, January 10, 2011

Gene Sperling Added to Obama Staff as National Economic Council Director

Sperling was a principal negotiator with then-Treasury Secretary Lawrence Summers of the Financial Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act.

Gramm-Leach-Bliley repealed large portions of the depression-era Glass-Stegall Act allowing banks, securities firms and insurance companies to merge.

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Evidence of an American Plutocracy: The Larry Summers Story
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retank at 11:29 PM

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retank
Fletcher, Colorado, United States
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