25 Years in 25 Days (1999): The Repeal of Glass-Steagall
The Brian Lehrer Show | Oct 13, 2014
This fall, the Brian Lehrer Show is marking 25 years of Brian at WNYC with a year-by-year look at stories that mattered from 1989 to 2014. Find the full schedule and lots more here.
Robert Reich, professor of Public Policy at UC-Berkeley and former Labor Secretary under Bill Clinton administration, looks back at a 1999 story that didn't get much attention at the time but sowed the seeds for the financial crisis -- the repeal of the Depression-era Glass-Steagall law that separated commercial from investment banking.
"I missed it entirely" admits @RBReich about the efforts to repeal Glass-Steagall in 1999. #BL25
— Brian Lehrer Show (@BrianLehrer) October 13, 2014
