Reply To: Glass Steagall as a cause of the financial crisis

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#18689
jmherbener
Moderator

Here are a few pieces on the partial repeal of Glass-Steagall:

https://wiki.mises.org/wiki/Glass-Steagall_Act

https://mises.org/library/does-it-make-sense-resurrect-glass-steagall-act

https://mises.org/library/insuring-deposits-ensuring-insolvency

https://mises.org/library/separation-commercial-and-investment-banking-morgans-vs-rockefellers

http://www.forbes.com/sites/objectivist/2012/11/12/why-the-glass-steagall-myth-persists/#f79087c2b67a

http://tomwoods.com/blog/the-glass-steagall-myth-revisited/

Tom Woods points out that the headline-grabbing failures of the downturn were unaffected by the repeal. They either remained pure investment banks or failed because of commercial loan portfolios, or they were not banks at all.