Friday, April 18, 2008

Banking Regulation History Lesson

Just a quickie link today, but one that is definitely worth reading, if you're interested in why U.S. banks need bailing out by the U.S. government.

This is a really interesting time line and explanation of the history of the separation of, and regulation of, commercial banks and investment banks, by the United States government.


x.coe said...

Thanks for the link. This is a neglected topic, and a difficult one to explain. I'm passing this on.