Steps Toward Financial Modernization in the United States

Hazel J. Johnson
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Hazel J. Johnson: Distinguished University Scholar, University of Louisville, Louisville, Kentucky, USA

Chapter 6 in Banking Alliances, 2000, pp 153-176 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionMisconceptions About the U.S. Banking IndustryThe True Cause of Early U.S. Money PanicsThe Great Depression: Facts and MythsThe Glass-Steagall ActThe Provisions of the ActThe Effects of Glass-SteagallThe Investment ShortfallAggregate InvestmentLack of Dedicated CapitalThe American Banking KeiretsuSelected References

Date: 2000
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