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72. Unintended Consequences: Clinton-Era Deregulation and the Financial Crisis of 2008–2009
-
Michael Takiff
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Chapters in this book
- Frontmatter i
- Contents vii
- Author’s Note xi
- Introduction: An Endless Argument 1
-
Part I. Local Hero, 1946–1987
- 1. Small Town Boy: Hope, Arkansas 9
- 2. A Big City (pop. 29,307): Hot Springs 17
- 3. Positive, Positive, Positive, Positive: Georgetown 32
- 4. Man of the World: Oxford and Yale 36
- 5. On the Move: An Arkansas Politician 42
- 6. Too Much, Too Soon, Too Bad: Rookie Governor 51
- 7. Out of the Woodshed: Exile and Return 64
- 8. Busy, Busy, Busy: Governor Again 66
- 9. Comfort Level: Bill and Black Arkansas 79
- 10. Not Bad, But . . .: Potential Unfulfilled 83
-
Part II. Rising Star, 1987–1992
- 11. National Democrat: Moving Toward the White House 87
- 12. Going for It: Candidate 101
- 13. Near-Death Experience: New Hampshire, 1992 108
- 14. All Roads Lead to Madison Square Garden: Nominee 122
- 15. A Bubba, Not a Bozo: President-Elect 131
-
Part III. Stumble, 1993–1994
- 16. Not an Admiral: Transition 147
- 17. Bedlam at Birth: Getting Started 149
- 18. Bill Asks, Colin Tells: The President, the Gays, the Military 150
- 19. New Kid in Town: Permanent Washington Greets the Clintons 158
- 20. Debt on Arrival: Recharting an Economic Course 168
- 21. A Casino for Jesus: The Budget Bill 173
- 22. The Yanks Are Coming: Navigating a Post–Cold War World 178
- 23. Trade War: Passing NAFTA 184
- 24. Heroic Measures: The Fight to Reform Health Care 190
- 25. Stand-Up Guys: Bill, Boris, Jiang, Fidel 196
- 26. Action, Inaction: Somalia and Rwanda 201
- 27. No Way to Run a Railroad: Fixing a Dysfunctional White House 207
- 28. From Humiliation to Celebration: Haiti 214
- 29. Picturing Peace: The Oslo Signing 216
- 30. Something Is Rotten in the State of Arkansas: Whitewater, the Scandal Begins 221
- 31. Golfing with Willie Mays: Bill Among Friends 232
- 32. Rebuke: The 1994 Midterm Election 237
-
Part IV. Recovery, 1995–1996
- 33. Picking up the Pieces: The Aftermath 243
- 34. Relevant: Newt versus Clinton 246
- 35. Pastor to the Nation: Oklahoma City 247
- 36. End of an Era: The Road Back 252
- 37. This Town Ain’t Big Enough: Shutdown Showdown 255
- 38. Shalom, Chaver: The Death of Yitzhak Rabin 263
- 39. I’ll Show You Mine If . . .: The Big Mistake 269
- 40. A Commander in Chief (Finally) Commands: Bosnia, Solved 271
- 41. Ballot-Box Missionary: Irish Troubles, Irish Votes 276
- 42. A Deal. With the Devil? Ending Welfare as We Know It 284
- 43. Slippery or Steadfast? Shapeshifter 288
- 44. Piece of Cake: Reelection 293
-
Part V. Humiliation: 1997–2000
- 45. Reckless, Stupid, Human: Wasting a Precious Gift 303
- 46. Big Bucks Bedroom: Scandal of the Year, 1997 307
- 47. Nailed! Linda and Lucianne 309
- 48. Pants on Fire: The Jones Deposition 311
- 49. The Bombshell Wears a Beret: Enter Monica 317
- 50. Scandal? What Scandal? Compartmentalization 324
- 51. The Puritan and the Pol: Starr versus Clinton 326
- 52. Respite: A Tour of Africa 329
- 53. Today’s Word Is Is: The Grand Jury 332
- 54. Speech Defect: An Unapologetic Apology 337
- 55. Sine Qua Non: Ulster’s Peacemaker 341
- 56. Softcore: The Starr Report 344
- 57. For Mature Audiences Only: A Committee, a TV Show 346
- 58. DeLayed Reaction: The Midterms and the Majority Whip 351
- 59. Impeach the Rapist! Fifty Boxes, Four Articles 355
- 60. Amazing: A Speech in Gaza 358
- 61. Bad Guys: Going After Bin Laden and Saddam 361
- 62. The Hypocrisy Police: Bob Livingston, Porn Star 368
- 63. It’s Official: Impeached 372
- 64. It’s About Sex: The Trial 374
- 65. Seventy-Eight Days: Kosovo 380
- 66. Down to the Wire: Camp David and the Clinton Ideas 385
- 67. In Denial: Bill Clinton and the Election of 2000 392
-
Part VI. Citizen Clinton, 2001
- 68. Parting Shots: Leaving the White House 399
- 69. Convening Power: The Clinton Foundation 403
- 70. Chasing a Buck: Making Multimillions Multinationally 411
- 71. Bill in a China Shop: Hillary for President, 2008 414
- 72. Unintended Consequences: Clinton-Era Deregulation and the Financial Crisis of 2008–2009 420
- 73. Envoy: A Visit to North Korea 423
- 74. And Now? The Future of Bill Clinton 424
- Epilogue: Closing Argument 429
- Speakers in A Complicated Man 435
- Notes 445
- Acknowledgments 477
- Photo Credits 479
- Index 480
Chapters in this book
- Frontmatter i
- Contents vii
- Author’s Note xi
- Introduction: An Endless Argument 1
-
Part I. Local Hero, 1946–1987
- 1. Small Town Boy: Hope, Arkansas 9
- 2. A Big City (pop. 29,307): Hot Springs 17
- 3. Positive, Positive, Positive, Positive: Georgetown 32
- 4. Man of the World: Oxford and Yale 36
- 5. On the Move: An Arkansas Politician 42
- 6. Too Much, Too Soon, Too Bad: Rookie Governor 51
- 7. Out of the Woodshed: Exile and Return 64
- 8. Busy, Busy, Busy: Governor Again 66
- 9. Comfort Level: Bill and Black Arkansas 79
- 10. Not Bad, But . . .: Potential Unfulfilled 83
-
Part II. Rising Star, 1987–1992
- 11. National Democrat: Moving Toward the White House 87
- 12. Going for It: Candidate 101
- 13. Near-Death Experience: New Hampshire, 1992 108
- 14. All Roads Lead to Madison Square Garden: Nominee 122
- 15. A Bubba, Not a Bozo: President-Elect 131
-
Part III. Stumble, 1993–1994
- 16. Not an Admiral: Transition 147
- 17. Bedlam at Birth: Getting Started 149
- 18. Bill Asks, Colin Tells: The President, the Gays, the Military 150
- 19. New Kid in Town: Permanent Washington Greets the Clintons 158
- 20. Debt on Arrival: Recharting an Economic Course 168
- 21. A Casino for Jesus: The Budget Bill 173
- 22. The Yanks Are Coming: Navigating a Post–Cold War World 178
- 23. Trade War: Passing NAFTA 184
- 24. Heroic Measures: The Fight to Reform Health Care 190
- 25. Stand-Up Guys: Bill, Boris, Jiang, Fidel 196
- 26. Action, Inaction: Somalia and Rwanda 201
- 27. No Way to Run a Railroad: Fixing a Dysfunctional White House 207
- 28. From Humiliation to Celebration: Haiti 214
- 29. Picturing Peace: The Oslo Signing 216
- 30. Something Is Rotten in the State of Arkansas: Whitewater, the Scandal Begins 221
- 31. Golfing with Willie Mays: Bill Among Friends 232
- 32. Rebuke: The 1994 Midterm Election 237
-
Part IV. Recovery, 1995–1996
- 33. Picking up the Pieces: The Aftermath 243
- 34. Relevant: Newt versus Clinton 246
- 35. Pastor to the Nation: Oklahoma City 247
- 36. End of an Era: The Road Back 252
- 37. This Town Ain’t Big Enough: Shutdown Showdown 255
- 38. Shalom, Chaver: The Death of Yitzhak Rabin 263
- 39. I’ll Show You Mine If . . .: The Big Mistake 269
- 40. A Commander in Chief (Finally) Commands: Bosnia, Solved 271
- 41. Ballot-Box Missionary: Irish Troubles, Irish Votes 276
- 42. A Deal. With the Devil? Ending Welfare as We Know It 284
- 43. Slippery or Steadfast? Shapeshifter 288
- 44. Piece of Cake: Reelection 293
-
Part V. Humiliation: 1997–2000
- 45. Reckless, Stupid, Human: Wasting a Precious Gift 303
- 46. Big Bucks Bedroom: Scandal of the Year, 1997 307
- 47. Nailed! Linda and Lucianne 309
- 48. Pants on Fire: The Jones Deposition 311
- 49. The Bombshell Wears a Beret: Enter Monica 317
- 50. Scandal? What Scandal? Compartmentalization 324
- 51. The Puritan and the Pol: Starr versus Clinton 326
- 52. Respite: A Tour of Africa 329
- 53. Today’s Word Is Is: The Grand Jury 332
- 54. Speech Defect: An Unapologetic Apology 337
- 55. Sine Qua Non: Ulster’s Peacemaker 341
- 56. Softcore: The Starr Report 344
- 57. For Mature Audiences Only: A Committee, a TV Show 346
- 58. DeLayed Reaction: The Midterms and the Majority Whip 351
- 59. Impeach the Rapist! Fifty Boxes, Four Articles 355
- 60. Amazing: A Speech in Gaza 358
- 61. Bad Guys: Going After Bin Laden and Saddam 361
- 62. The Hypocrisy Police: Bob Livingston, Porn Star 368
- 63. It’s Official: Impeached 372
- 64. It’s About Sex: The Trial 374
- 65. Seventy-Eight Days: Kosovo 380
- 66. Down to the Wire: Camp David and the Clinton Ideas 385
- 67. In Denial: Bill Clinton and the Election of 2000 392
-
Part VI. Citizen Clinton, 2001
- 68. Parting Shots: Leaving the White House 399
- 69. Convening Power: The Clinton Foundation 403
- 70. Chasing a Buck: Making Multimillions Multinationally 411
- 71. Bill in a China Shop: Hillary for President, 2008 414
- 72. Unintended Consequences: Clinton-Era Deregulation and the Financial Crisis of 2008–2009 420
- 73. Envoy: A Visit to North Korea 423
- 74. And Now? The Future of Bill Clinton 424
- Epilogue: Closing Argument 429
- Speakers in A Complicated Man 435
- Notes 445
- Acknowledgments 477
- Photo Credits 479
- Index 480