Did the gutting of the Glass-Steagall provisions prohibiting commercial banks from engaging in investment banking activities lead
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Did the gutting of the Glass-Steagall provisions prohibiting commercial banks from engaging in investment banking activities lead to weaknesses in the financial system? Or did the extra freedom banks gained from this de-regulatory action instrumental in keeping the financial crisis from being worse than it might otherwise have been? On what do you base your opinion?
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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