2008.4. :

Table of Contents

: (1) (, , ) , (2) : ,

* (financial institution ) , .

()

* 24 . (1) , (2) .

vehicle

()1790 (Charter / )1824 1830-1860 1870 National Bank 1913 1920 ( but )1930 bank run 1933 1956 (BHCA)

1933 (- ) - Commercial banking Investment banking - : / - CP . 1999 GLBA - Bank v. Commerce Bank v. Finance - Finance i.e. IBM & MS as a financing company?

GLBA 1980 . 1980 (i.e. FDIC) ()(FHC)

()Compartmentalism v. Universal BankingGesetz ber das Kreditwesen: . (9 11 ) , . : , , .

2003 .

Systemic risk

(Fear to Bigness) - 1890 Tyranny - v.

v. or /

i.e. ( - ) - - , .

v. , .

. i.e. 37 : : 4%

( . ) ( "" ) ( "" ) 1 3 .

, . , , 7 ,

( ) . , . 162 2 6 .

. (effectiveness) , (efficiency) . (over-regulation) . . ,

1: 2: 3: (1) 3-1: (2) 3-2:

2 (slippery slope) --( Gramm-Leach-Bliley Act) , .

2 . , 1( ) 3-2() 2() 2()

3-2 , 3-2 , , ,

, . , , , .

, , .

1 . 3-2 3-1 . 2 1 .

. . 10, . .

-

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