To be fair, McCain's top finance guy was Phil Gramm, the author of the bill, and Democratic President Bill Clinton signed it into law. Both sides of the aisle

To be fair, McCain's top finance guy was Phil Gramm, the author of the bill, and Democratic President Bill Clinton signed it into law. Both sides of the aisle became convinced that less regulation was always a good thing. It was a mass hysteria. Is this the same bill as http://en.wikipedia.org/wiki/Commodity_Futures_Modernization_Act_of_2000 http://en.wikipedia.org/wiki/Commodity_Futures_Modernization... ? Interesting followup by the NYT on Phil Gramm and his policies that led us to crisis: http://www.nytimes.com/2008/11/17/business/economy/17gramm.html?pagewanted=all http://www.nytimes.com/2008/11/17/business/economy/17gramm.h...