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The Separation of Commercial and Investment Banking: The Glass-Steagall Act Revisited and Reconsidered
The Separation of Commercial and Investment Banking The GlassSteagall Act Revisited and Reconsidered
Author: George J. Benston
The 1933 passage of the Glass-Steagall Act by Congress has profoundly effected the way banking has been conducted in the United States. Designed to prevent the kinds of bank failures that resulted from the Crash of 1929 and the Great Depression that followed, the Act made it illegal for commercial banks to engage in investment banking, and for i...  more »
ISBN-13: 9780195208306
ISBN-10: 0195208307
Publication Date: 8/16/1990
Pages: 580
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Publisher: Oxford University Press
Book Type: Hardcover
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