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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: kathyh who wrote (67471)10/22/1999 4:10:00 PM
From: bob  Read Replies (1) of 90042
 
I have to claim ignorance on your question. Is this what your talking about? Feel free to provide me with more links.

Thanks!

<<Glass-Steagall Act

The legislation that facilitates federal deposit insurance
for banks by prohibiting banks from certain 'risky'
activities such as owning brokerage firms or engaging in
many investment banking activities. The constraints of
Glass-Steagall have been eroding steadily and many
observers consider the possibility of its ultimate repeal
almost a non-event. >>
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