How Did Glass-Steagall Happen?
Published: Jan 01, 1992. Publicly Released: Jan 01, 1992.
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Highlights
This article, which appeared in the GAO Journal, No. 15, Spring/Summer 1992, reviews: (1) historical U.S. banking trends that led to the enactment of the Glass-Steagall Act, which strictly curtailed bank activities; and (2) the actual limited impact of the law on the economic depression.