" A notable modern example was the 1999 financial deregulation of US banks through the repeal of the Glass-Steagall Act. This act was introduced after the Great Depression in 1933 to help ensure commercial banks would no longer get involved with investment banks, pursuing risky speculation with their customers’ assets. However, once repealed after about $300 million in lobbying efforts, commercial banks turned around and engaged in credit-default swaps and other high-risk derivatives, paving the way for the 2008 global financial crisis. "

― Peter Joseph , The New Human Rights Movement: Reinventing the Economy to End Oppression