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Glass Steagall Act of 1933

Glass Steagall Act of 1933
Below are the requirements and instructions please follow them.
The Glass Steagall Act of 1933 was pretty intact until the 1970’s. What happened to the financial markets industry after the segmentation in the 1930’s? Why was the Glass Steagall Act terminated? When did it happen ? Why so many financial institutions wanted to engage in mergers & acquisitions after the approval of the Gramm-Leach-Bliley Act (GLBA) ( also know as the Financial Services Modernization Act of 1999) ? Please, explain the major consequences of the financial markets consolidation, how it relates to the Mortgage Backed Securities and the Financial Crisis of 2008
Gordon Rule Assignments: Under the Gordon Rule, you are required to write and submit for evaluation at least three distinct college-level writing assignments for the semester. The intent of the Gordon Rule is for you to do your own wording (no copying is allowed). Your essays must (1) have a clearly defined central idea or thesis; (2) provide adequate support for that idea; (3) be organized clearly and logically; and (4) utilize the conventions of standard edited American English. Your essays must be consistent with the distributed Gordon Rule Rubric. A course grade of “C” or higher will be awarded only if you have demonstrated all these requisites.

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