21 January 2011

Concentration in US Banking Since the Repeal of Glass-Steagall

It should be noted that Glass-Steagall was repealed in stages before 1999, with relaxation of the rules as a result of the lobbying efforts led by the Wall Street banks, and with the backing of Alan Greenspan.

A Brilliant Warning on Robert Rubin's Proposal To Deregulate Banks 1995

The Great American Bank Robbery - William K. Black

Source: Systemic Risk In Banking EcoSystems