The Glass-steagall Act's Loss Is The Community Reinvestment Act's Gain_5

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 under a new financial supermarket known as Citigroup. Former Clinton Treasury Secretary Robert Rubin was immediately rewarded for his efforts as the key proponent for the repeal of Glass-Steagall in November of 1999 by being appointed to the Board of Directors at Citigroup just as the Clinton Administration was leaving office in December of that same year. In fact,http://electricsaunaheater.webmium.com/helo-sauna-heater, Forbes reported that Rubin received over $17 million in compensation and $33 million in stock options before resigning as Chairman of the Board for a now financially distressed Citigroup in January of 2009. Not so surprisingly,http://electricsaunaheater.webmium.com/gas-sauna-heater, Marketwatch listed Rubin as one of the 10 most unethical people in business shortly thereafter. Banking Fusion Leads to Economic Fallout As feared by the supporters of Glass-Steagall and critics of the CRA,http://electricsaunaheater.webmium.com/, Citigroups losses from securities activities related to the sub-prime mortgage crisis and the rampant financial distress that followed resulted in tens of billions of dollars of federal government support. Unfortunately,Finlandia electric sauna heater|Free Shipping, Citigroup