Warren: An in-tact Glass-Steagall would have mitigated some of the damage in 2008.
Squawk: But we’ll always have boom and bust in the banking sector.
Warren: Not true. Look at history.
Squawk: I have. Totally true. Look at a bank failure in Illinois in the 80’s.
Warren: Look at history not written by Cato and Heritage. And that bank failure in the 80’s occurred after deregulation.
Squawk: But you’ll never get it passed.
Warren: Great Americans, you lot.
Sen. Warren
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