Quote:
Originally Posted by detbuch
Actually, the Dems in congress did NOT mostly oppose Gramm-Leach-Bliley. They, along with the Republicans, voted, OVERWHELMLINGLY for it. The total, combined vote of both Congressional Houses was 450 for and 64 against. A small minority of both Dems and Repubs voted nay.
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That's simply not true. Democrats only supported the bill after the Republicans made many concessions. The bill had all Republican sponsors and the initial version only recieved a single Dem vote in the Senate.
But as I've said all along, this is a bi-partisan issue. The simple fact remains that it was a contributing factor among many.
-spence