Gramm, Leach, Bliley Act

[rurallib]

I finally salved my curiosity and went to Wikipedia to verify that the Leach whose name is on this piece of legislation that repealed Glass-Steagall was our very own Jim Leach. And yes, it is.
This is the guy who was so known for his expertise in banking.
I had often said I could not name one thing Leach had done in 30 years. Now I know one.
Thank you Jim.

[47of74]

1. That's former Congressman Leach

And hopefully his seat in Congress will be D for a long, long, long time.

[Debi]

2. Mr. Debi educated me on that act when all the chaos started breaking

Yeah, thanks for all your help Cong. Leach x(

[cyberswede]

3. Leach's professorship is sponsored buy Goldman Sachs

I kid you not...
He's a speaker at an upcoming symposium here at the UI:

Dear Colleagues:

We would like to cordially invite you to register for the upcoming national symposium:

Title: "The Subprime Housing Crisis: Interdisciplinary Policy Perspectives"

Date: October 10-11

Location: hotelVetro in downtown Iowa City.

Topic: The symposium will discuss the scope and scale of the housing mortgage problem, factors causing the crisis and potential policy solutions from a variety of perspectives.

Registration: http://ppc.uiowa.edu/subprimesymposium

Speakers: Confirmed nationally recognized speakers include:
* Rep. James Leach, John L. Weinberg/Goldman Sachs and Co. Visiting Professor, Princeton University
* Jim Carr, Chief Operating Officer, National Community Reinvestment Coalition (NCRC)
* David Wheelock, Assistant Vice President, Federal Reserve Bank of St. Louis
* Hon. Tom Miller, Iowa Attorney General
* Kim Rueben, Senior Research Associate, Tax Policy Center, Urban Institute & Brookings Institution
* James Shilling, Professor, Department of Finance, College of Commerce, DePaul University
* Katherine Porter, Professor, College of Law, University of Iowa
* Lei Ding, Senior Research Associate, Center for Community Capital, University of North Carolina, Chapel Hill.
* Brett Hammond, Chief Strategist, TIAA-CREF
* Creola Johnson, Professor, Moritz College of Law, Ohio State University
* Kathleen E. Keest, Senior Policy Counsel, Center for Responsible Lending
* Julie Noland, Iowa Finance Authority
* Anthony Pennington-Cross, Professor, College of Business Administration, Marquette University
* Christopher Peterson, Professor, S.J. Quinney College of Law, University of Utah
* Jerry Anthony, Associate Professor, Dept. of Urban and Regional Planning, University of Iowa
* Jay Sa-Aadu, Professor, Tippie College of Business, University of Iowa
* Josh Silver, Vice President of Research & Policy, National Community Reinvestment Coalition (NCRC)
* Geoff Smith, Vice President, Woodstock Institute

Interesting, eh?

[Debi]

4. OMG....I wonder if that'll change and he'll be sponsoring himself

:wow:

[rurallib]

5. A small payback

Now I know how he was able to pay cash for all that expensive land out by my brother.

[rurallib]

6. Leach was on the noon IPR show today

I was driving and I could not hear what he said very well. He talks so low. Mostly what I got out of it was that this bill did nothing. The real damage was done by some Democratic bill in 1992 that he opposed.
About 90% of what I have read lays the blame on Gramm, Leach, Bliley plus totally ignoring any oversight.
Anybody else hear Leach today that can fill in what I missed?