New York Times warns that new financial rules could "wreak havoc" — 1999

Cory Doctorow 6:03 am Fri Mar 27, 2009

From the 11/5/99 New York Times: "CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS
By STEPHEN LABATON":

"Today Congress voted to update the rules that have governed financial services since the Great Depression and replace them with a system for the 21st century," Treasury Secretary Lawrence H. Summers said. "This historic legislation will better enable American companies to compete in the new economy."

The decision to repeal the Glass-Steagall Act of 1933 provoked dire warnings from a handful of dissenters that the deregulation of Wall Street would someday wreak havoc on the nation's financial system

CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS (11/5/99)

New Netflix movie about the Chicago 7 trial, starring Sacha Baron Cohen as Abbie Hoffman

In 1968, political activists and Yippies Abbie Hoffman, Jerry Rubin, David Dellinger, Tom Hayden, Rennie Davis, John Froines, and Lee Weiner were charged with conspiracy to incite riots and other… READ THE REST
Aviation museums' "most wanted list" of cool aerospace artifacts lost to history

Aviation historians and museum curators like those at the Smithsonian National Air and Space Museum go gaga over any photos, correspondence, or curiosities related to Amelia Earhart. And of course… READ THE REST
Roman road maps in the style of the London Underground's

Sasha Trubetskoy made a set of maps of Roman roads depicted in the style of Harry Beck's famous London Underground map. It’s finally done. A subway-style diagram of the major… READ THE REST
Short Post, just one paragraph

Dessert cheesecake wafer bear claw fruitcake. Fruitcake chupa chups donut candy canes marzipan. Apple pie sweet roll tart chocolate cake macaroon marshmallow carrot cake gummi bears sweet. Pastry sugar plum… READ THE REST
Save 50% on a 1-year subscription to Dashlane's premium password manager

We all know vital information about ourselves and our private digital accounts can be compromised by cybercriminals. However, many would be frightened to know just how compromised they and their… READ THE REST
The Bite Helper removes the itch of a mosquito bite in seconds

While mosquitoes have certainly earned their title as the deadliest animal on earth, their impact on most of our lives is usually a lot less consequential. But even though they… READ THE REST