Question
Government intervention through the enactment of federal laws are meant to stabilize the financial system and ensure depositor's safety. The laws passed by Congress from
Government intervention through the enactment of federal laws are meant to stabilize the financial system and ensure depositor's safety. The laws passed by Congress from 1927 to 1999 include 7 of the more important. In each case explain what how each of these laws impacted the ability of bankers to deal with the inherent trades-off between safety, liquidity, solvency and profitability.
1.The McFadden Act of 1927
2.The Banking Acts of 1933 (Glass-Steagall) and 1935
3.The Depository Institutions Deregulation & Monetary Control Act (DIDMCA) of 1980
4.Depository Institutions Act of 1982
5.Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994
6.Gramm-Leach-Bliley Financial Services Modernization Act of 1999
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