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The removal of Glass-Steagall in 1999 ushered in the 2000-2008 gut punch
of Black-Scholes, the housing bubble, the 2008 bailout, Enron, WorldCom,
Tyco, and thousands of criminal enterprises which saw the chief culprits
never being charged for crimes. Ken Lay and Dennis Kozlowsky
were rare exceptions. "They use to hang the speculators in this country," said
one investor destroyed by the practices advanced by Alan Greenspan and
his 'Greenspan Put' that attempted to gloss over the firewall's removal.
"I say it is time we reinstated Glass-Steagall and clean up the
'Greenspan Poot' that the criminal Bush and Clinton clans rigged
and bury their slimy hides on the tarmac at Mena, Arkansas
where they belong!"
-Fred Wiggins, former Enron investor,