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Letter to the Editor: Hedge funds pushing for Bitcoin
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From LaVern Isely Monroe To the editor: Big investment banks and Wall Street have been lobbying our politicians for over 30 years to get rid of the Glass-Steagall Act, which was finally eliminated in 1999. It separated the commercial banks from investment banks and stock market. After that, all bets were off to keeping a safe banking system, and more bankruptcies occurred because of deregulation.