Documents For: Politics and Electoral Reform

Financial Reform Glossary (Please contribute and provide links to sources)

Posted by & filed under .

Glass-Steagall Act of 1933: “The act introduced the separation of the bank types according to their business (commercial and investment banking)…Repealed in 1999…” Wikipedia.org.  ”Glass-Steagall separated low-risk banking activities from high risk banking activities. Investment banking (high-risk) want to also participate in low-risk activities because it gives them greater access to money, our money, in order to […]