Gerardi, Kristopher; Rosen, Harvey S.; Willen, Paul - 2007
perhaps
most infamously, Regulation Q, which capped deposit rates and forbade banks from paying
interest on checking …
5
Management Account, in effect allowing non-banks to circumvent Regulation Q (Cocheo 2003).
This innovation, combined … with many others, severely reduced the availability of funds for the
thrift industry, which was still bound by Regulation …