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U.S. financial regulation has traditionally made functional and institutional regulation roughly equivalent. However, the gradual shift away from Glass-Steagall and the introduction of the Financial Modernization Act (FMA) generated a disorderly mix of functions and products across institutions,...
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U.S. financial regulation has traditionally made functional and institutional regulation roughly equivalent. However, the gradual shift away from Glass-Steagall and the introduction of the Financial Modernization Act (FMA) generated a disorderly mix of functions and products across institutions,...
Persistent link: https://www.econbiz.de/10013160372
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Congress roll call votes on financial liberalisation were biased by industry-led campaign contributions and lobbying activities …
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The man and the moment -- The politics of capture -- Continuity and collusion -- Missing a rendezvous with reform -- Crony capitalism -- Obama's loyal opposition -- Political malpractice -- Change we can believe in
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