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In 1999 the Financial Services Modernization Act (also known as the Gramm-Leach-Bliley Act) was passed and the Glass-Steagall Act was repealed. What future implications did

In 1999 the Financial Services Modernization Act (also known as the Gramm-Leach-Bliley Act) was passed and the Glass-Steagall Act was repealed. What future implications did this have for large financial institutions like Citibank? What future problems did it create for the Federal Reserve?

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