Deregulation and the Glass-Steagall Act

Abstract: A 14 page paper which discusses the current conditions and controversies concerning the Glass-Steagall Act of 1933 as it relates to issues of financial institutes and issues of deregulation. The history of the act is presented in helping to establish the reasoning behind the action. This is followed by a brief illustration of what has taken place in relationship to the act, in the past few decades. The majority of the paper addresses conditions and concerns since the repeal of the Glass-Steagall Act which took place last year. Overall, while the act of 1933 was never truly considered sufficient, it did maintain some control over banking regulations. With the growth in technology and such it became necessary to finally get rid of the act, but by doing so we have a great deal of issues to address if the future of financial institutions is to be secure and profitable. Bibliography lists 10 sources.

Filename: RAdeglass.wps

Pages: 14

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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