Deregulation didn't start in the Reagan era
Originally Posted by OutofDate1980
Sorry, the laws that made this activity legal was enacted way before Obama's time, like starting in the Reagan era. It was called deregulation.
. Besides, the deregulation most cited for leading up to the 2008 banking crisis was the Gramm–Leach–Bliley Act of 1999 that did away with Glass-Steagall, etc.