Remember, Remember, the Twelfth of November (1999)

"On November 12, 1999, President Clinton signed the Gramm-Leach-Bliley Act
(GLB) into law. This landmark legislation does much to unravel the influence of
the Glass-Steagall Act on the United States' financial system. Now banks and
other providers of financial services have far greater freedom to compete
against each other. No doubt, the legislation will prompt an altering of the
financial landscape in this country."

John Krainer, Federal Reserve Bank of San Francisco Economic Review,
2000