Given the recent banking industry crisis, do you think repealing the Glass-Steagall act was a mistake?
Be sure to consider effects on banks as well as on bank customers, and the market reaction to the repeal in your analysis.
Sources you can use:
Cftech.com. (n.d.). Understanding how Glass-Steagall Act impacts investment banking and the role of commercial banks. Retrieved on August 2007 from: https://www.cftech.com/BrainBank/SPECIALREPORTS/GlassSteagall.html
Heakall, R. (2003). What was the Glass-Steagall Act? Investopedia. Retrieved on August 2007 from:
https://www.investopedia.com/articles/03/071603.asp