Taming the Megabanks
| Author | : Arthur E. Wilmarth |
| Publisher | : |
| Total Pages | : 601 |
| Release | : 2020 |
| ISBN-10 | : 9780190260705 |
| ISBN-13 | : 019026070X |
| Rating | : 4/5 (70X Downloads) |
Book Synopsis Taming the Megabanks by : Arthur E. Wilmarth
Download or read book Taming the Megabanks written by Arthur E. Wilmarth and published by . This book was released on 2020 with total page 601 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Taming the Megabanks, Arthur E. Wilmarth, Jr. argues that we must break up universal banks by enacting a new Glass-Steagall Act. Drawing from an analysis of the Great Depression of the 1930s and the Global Financial Crisis of 2007-09, Wilmarth demonstrates that a new Glass-Steagall Act would make our financial system much more stable and less likely to produce boom-and-bust cycles.
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