It's clearly nonsaterical, and based on the studies that show the crash of 2008 was directly attributable to the removal of regulations in the late '90s on.
It's not a statement that some people don't argue with, but it doesn't seem to be a question that without Glass-Stegal removal, the 2008 crisis would have not spread as far as it did.
It's not a statement that some people don't argue with, but it doesn't seem to be a question that without Glass-Stegal removal, the 2008 crisis would have not spread as far as it did.