Senator Phil Gramm, in 1997 and 1998, helped repeal the Glass-Steagall Act, an act that was written during the last depression to prevent savings banks from mixing savings and investments. Once the Glass-Steagall Act was gone, the bank heist took on epic proportions. It is interesting to note that Senator Gramm, the chairman of the Senate Banking Committee, collected $2.6 million in campaign contributions from the banking, brokerage, and insurance industries. Fed Chairman Greenspan, President Clinton, and his Treasury Secretaries Robert Rubin, Larry Summers, and Geithner (today's treasury secretary), were all part of repealing the Glass-Steagall Act, which led to the formation of Citigroup. Coincidentally, Rubin immediately left the White House to become the head of that newly formed company.
— Robert Kiyosaki; Rich Dad's Conspiracy of The Rich