Yea, that's it........the one Clinton signed into law....................
_________________________________________________________
Greenspan wanted the Financial Services Modernization Act of 1999
US Senate ^ | 09/18/2008
Democrats and the MSM are pointing to John McCain's vote for the Financial Services Modernization Act of 1999 (S. 900, Gramm-Leach-Bliley) as evidence that he contributed to the recent financial collapse of Lehman Brothers, AIG, et. al. The truth is that Alan Greenspan, then Chairman of the Federal Reserve Board, and Donna Tanoue, then Chairman of the FDIC, not only supported the legislation but testified in front of the Senate Committee that the legislation was essential for economic growth and absolutely necessary.
Read the Senate Committee Report at http://thomas.loc.gov/cgi-bin/cpquery/?&dbname=cp106&sid=cp1064MJzX&refer=&r_n=sr044.106&item=&sel=TOC_12543&
President Clinton signed the bill into law on November 12, 1999. The bill had passed the Senate by a 54-44-1-1 vote on May 6, 1999.
A record of the Senate vote can be found at http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=106&session=1&vote=00105
Alan Greenspan was appointed by President Reagan in 1987. He went on to serve an unprecedented five terms as Chairman of the Federal Reserve under presidents George H.W. Bush, Bill Clinton, and George W. Bush. In short, Alan Greenspan asked for it and it got done. Don't blame John McCain for following the advice of America's leading authority on economic policy.
_________________________________________________________
Greenspan wanted the Financial Services Modernization Act of 1999
US Senate ^ | 09/18/2008
Democrats and the MSM are pointing to John McCain's vote for the Financial Services Modernization Act of 1999 (S. 900, Gramm-Leach-Bliley) as evidence that he contributed to the recent financial collapse of Lehman Brothers, AIG, et. al. The truth is that Alan Greenspan, then Chairman of the Federal Reserve Board, and Donna Tanoue, then Chairman of the FDIC, not only supported the legislation but testified in front of the Senate Committee that the legislation was essential for economic growth and absolutely necessary.
Read the Senate Committee Report at http://thomas.loc.gov/cgi-bin/cpquery/?&dbname=cp106&sid=cp1064MJzX&refer=&r_n=sr044.106&item=&sel=TOC_12543&
President Clinton signed the bill into law on November 12, 1999. The bill had passed the Senate by a 54-44-1-1 vote on May 6, 1999.
A record of the Senate vote can be found at http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=106&session=1&vote=00105
Alan Greenspan was appointed by President Reagan in 1987. He went on to serve an unprecedented five terms as Chairman of the Federal Reserve under presidents George H.W. Bush, Bill Clinton, and George W. Bush. In short, Alan Greenspan asked for it and it got done. Don't blame John McCain for following the advice of America's leading authority on economic policy.