Journals Higher Education
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Published: 03 November 2020

600 Pages


ISBN: 9780190260705

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Bookseller Code (AE)

Taming the Megabanks

Why We Need a New Glass-Steagall Act

Arthur E. Wilmarth Jr.

  • Provides a detailed and carefully-documented case for enacting a new Glass-Steagall Act
  • A comprehensive and detailed analysis of the roles played by universal banks in the two worst financial catastrophes of the past century: the Great Depression of the early 1930s and the Global Financial Crisis of 2007-09
  • Outlines a clear strategy to make our financial system more stable and work better for ordinary consumers and Main Street businesses