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Great graphic. Monopoly!
Edit: what was so special about 1998?
thenewgreen · 4881 days ago · link ·
Massive deregulation: http://www.wsws.org/articles/1999/nov1999/bank-n01.shtml
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Worth noting: FDIC insurance remained on bank side, too. This was pretty much the stupidest thing that could have happened. Deregulation without removing the FDIC insurance restored all the greed without removing the fear. It was no surprise what happened next.
Wow, 31 banks merged into 21 banks that year.
http://www.richmondfed.org/publications/research/economic_qu...