Glass Steagall, accounting homework help

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Avpbyr199

Business Finance

Description

We have a presentation, my part is to cover questions number 3 and 4 only
plz provide slides and also a text that i can read while presenting. I need around 360 words covering these two questions.

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The following questions/topics should be covered in your presentation: 1. What were the social, political or economic conditions that were the driving factors for the legislation or regulation? 2. How was the legislation or regulation expected to provide an effective solution? 3. Did the legislation or regulation solve the problem(s)? How? 4. Who were the major stakeholders? 5. Were there opposing views? Were these views politically motivated? What were the positions that were in dispute? 6. How have the policies enacted held up over time?
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Explanation & Answer

Attached.

Question 1
Did the legislation or regulation solve the problems?
How

Did the legislation or regulation
solve the problems? How
 The major objective of the regulation involved making the banks low-risk ventures.
 The law ensured the bank did not risk the deposits from the customers in the investment
of the stock market.
 The legislation also ensured the various deposits made by the customers were greatly
safeguarded in the bank...


Anonymous
Awesome! Perfect study aid.

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