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Freemasons Indebted America
Unity of National City Bank [Commercial] with International Banking Corporation [Investment] caused the crash on Wall Street in 1929.

Hence, according to Modern Marvels, President Franklin D. Roosevelt charged into office as a " … reformer." In his first speech, he championed " … strict supervision of all banking … credits … investments."

"On his second day …, the President ordered the New York Stock Exchange to close for a week. He then pushed through Congress the most sweeping set of financial reforms ever enacted: banks could no longer gamble on stocks, brokers … treating their customers' money as if it were their own, and corporations … must file annual financial reports with the government."

"Richard Whitney … President of the Exchange spoke against the new regulations … "; however, " … nothing could stop the President's push for government oversight."

Consequently, per Professor of economics at New York University Richard Sylla, because people had so much more " … information … ", they stopped seeing Wall Street as a " … den of thieves … [but instead as an] " … honest place."

However, in President Roosevelt's reforms was Glass-Steagall to ensure that a commercial bank does not again co-mingle with an investment bank. Hence, per John Reed, " … Citibank [Commercial] could not have bought Travelers [Investment] … [however] Travelers [Investment] … could buy Citi [Commercial] … ".

Thus, Sandy Weill of Travelers [Investment] approached John Reed of Citi [Commercial], per John Reed, to merge their banks. However, thereafter, Wall Street crashed in 2008.

John Reed underscored to Bill Moyers that the " … underpinnings … " of the 2008 financial catastrophe were " … mathematics … " based on historical data.

Hence, because merger of Commercial bank + Investment bank resulted in the financial crash of 1929;

and because Glass-Steagall stopped such a merger from ever taking place again;

however, because Glass-Steagall simultaneously allowed merger of Investment bank + Commercial bank;

and because that merger took place between Travelers [Investment] and Citi [Commercial];

and because it resulted in the financial crash of 2008, the mathematics to which John Reed referred was Pythagoras theorem: a² + b² = c²; hence, b² + a² = c². That is, because:
a² [Commercial bank] + b² [Investment bank] = c² [financial crash], 1929, then
b² [Investment bank] + a² [Commercial bank] = c² [financial crash], 2008.

While still discussing the 2008 financial crash, John Reed leaked to Mr. Moyers that mathematics plus past performance were the bedrock upon which the financial industry developed " … presumption … (italics supplied)" of results. Hence, since the merger of National City Bank [Commercial bank] + International Banking Corporation [Investment bank] caused the crash of 1929;

and because in 2008 a crash took place because Travelers [Investment bank] + Citi [Commercial bank] united;

and because both instances reflected Pythagoras theorem a² + b² = c², hence b² + a² = c², (mathematics), in 1998, seventy-nine (79) years after the 1929 crash (historical time line), when Sandy Weill merged Travelers [Investment bank] with Citi [Commercial bank], the financial industry knew there was going to be a financial crash.

John Reed confirmed: " … we all (italics supplied) … " participated.

Alternately, when Citi [Commercial bank] + Travelers [Investment bank] merged in 1998, because it matched a² [Commercial bank] + b² [Investment bank] = c² [financial crash], 1929, John Reed, Sandy Weill, and the financial industry knew there would be a financial crash.

In a November 6, 2013, interview with President of the National Press Club Angela Greiling Keane, former chairman of the Federal Reserve Bank Alan Greenspan corroborated: "We all knew that we had a bubble.…I would say virtually everybody in the financial world knew that there was a bubble … and it was going to burst (italics supplied)."

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