Enron's Banking Relationships and Congressional Repeal of the Glass-Steagall Act Separating Bank Lending from Investment Banking.

Reviews background and history of banking activity in securities markets, including impact of Glass-Steagall Act (GSA) restrictions on involvement of Federally insured commercial banks in securities trading. Discusses the Gramm-Leach-Bliley Act of 1999, which repealed key provisions of GSA and allow...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2003.
Series:	U.S. Congressional Research.
Subjects:	Banks and banking. Finance > Law and legislation. Holding companies. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Reviews background and history of banking activity in securities markets, including impact of Glass-Steagall Act (GSA) restrictions on involvement of Federally insured commercial banks in securities trading. Discusses the Gramm-Leach-Bliley Act of 1999, which repealed key provisions of GSA and allowed for expanded banking operations through financial holding companies (FHCs). Discusses role of FHCs in collapse of Enron Corp., and policy questions for the 108th Congress.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.