Encyclopedia > Glass Steagal Act

  Article Content

Glass-Steagal Act

Redirected from Glass Steagal Act

The Glass-Steagal Act of 1933 separated commercial and merchant investment banking. It was an outgrowth of the bank runs[?] and failures of the Great Depression. It remained on the books until the Financial Services Modernization Act of 1998 was passed.



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Canadian Charter of Rights and Freedoms

... Pressure from the left in the country, especially the New Democratic Party prevented Trudeau from including any rights protecting private property. Table of ...

 
 
 
This page was created in 28.7 ms