gramm leach bliley

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Latest blogosphere posts tagged “gramm leach bliley”

  • THE END OF ECONOMIC COMMON SENSE


    THE MARK MARTINEZ SHOW: Talk Radio for Liberals and Real ConservativesAuthority Authority: 130
    In my classes, and in my book, I discuss the history behind the Glass-Steagall Act (1933), and why it was so important to the post-war economic stability and growth we enjoyed throughout the end of the 20th century. MSNBCs Dylan Ratigan presents us with a humorous take on how Glass-Steagall came to an end in 1999 , ...
    12 hours ago
  • Gramm-Leach-Bliley, Ten Years On


    MetaFilterAuthority Authority: 738
    Ten years ago today the government reversed one of the key elements of the Depression-era banking laws, knocking down the firewall between commercial banks, which take deposits and make loans, and investment banks, which underwrite securities. The repeal of the Glass-Steagall Act of 1933 was seen at the time as ...
    1 day ago
  • Ratigan Celebrates the 10th Anniversary of Gramm-Leach-Bliley Act


    Wall Street PitAuthority Authority: 641
    Dylan Ratigan takes a look at the 10th anniversary of the Gramm-Leach-Bliley act which repealed part of the Glass-Steagall Act of 1933 and made it legal for big banks to make risky investments and gambles. To commemorate the act, also known as the Financial Services Modernization Act of 1999,...
    1 day ago
  • In the 1930s over 11,000 banks failed.


    InvestmentWatchAuthority Authority: 450
    Many depositors lost all of their funds. Back then most of those banks were state chartered and were quite small, so the number sounds much bigger than the problem actually was in dollar terms. Today we have seen a consolidation in the number of banks from around 11,000 ten years ago to around 8,300 in the summer of ...
    3 days ago
  • On The Tenth Year Anniversary Of The Worst Bill Ever Passed: Gramm Leach Bliley; Defining Monopoly Capture And TBTF


    zero hedgeAuthority Authority: 768
    Reader Gubbmint Cheese submits the following observations on the 10th year of what could easily be the bill that set the seeds for the ultimate destruction of capitalism.     Ten Years of Monopoly Capture And One Trading Day Of Loss ...
    1 week ago
  • Former Citigroup Head Waxes Nostalgic For Regulation He Helped Kill [Glass-stegall Act]


    ConsumeristAuthority Authority: 779
    Retired head of Citigroup John Reed seems to have some misgivings about the repeal of the Glass-Steagall Act of 1932, which his company lobbied to kill in the first place. In a New York Times letter-to-the-editor, Reed writes: "Re "Volckers Voice, Often Heeded, Fails to Sell a Bank Strategy" (front page, Oct. ...
    2 weeks ago
  • The Truth About Regulatory Compliance


    Information Security ResourcesAuthority Authority: 473
    By Steven Fox , Founder of SecureLexicon This is the first part of my podcast interview with Edward Schwartz, CSO of NetWitness . In this installment, Mr. Schwartz comments on regulatory compliance as a driver for security spending. Regulatory compliance was cited as a driver for ...
    3 weeks ago

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