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Though this lady takes issue with the part of my column where I list two acts that reduced or eliminated certain banking regulations and led to at least some of the problems we're seeing now, she's incorrect that Clinton signed off on those. He may have signed off on looser regs for Fannie Mae and Freddie Mac, but not derivative trading (2000, Sen. Gramm) and bank mergers, which allowed these companies to get so huge that we can't allow them to fail (1999, Sen. Gramm) Hope her valium hasn't worn off!
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