Question
A lot of the conversation around Commercial and Investment Banking takes place around the Glass-Steagall Act. This law forced the two to remain separate: Commercial
A lot of the conversation around Commercial and Investment Banking takes place around the Glass-Steagall Act. This law forced the two to remain separate: Commercial banks could not pursue investment with their deposits, and Investment banks were not allowed to provide commercial banking services.
The Glass-Steagall Act has been repealed, and a lot of people have big opinions about this. Here are a few:
There are real reasons to bring back Glass-Steagall
Do not bring back Glass-Steagall
Bring back Glass Steagall? Goldman Sachs would Love that
The repeal of Glass-Steagall: Myth and Reality (really really long)
Will this fix our Financial System?
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