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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.

1 comments:

x.coe said...

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