1933 — President Roosevelt signs the Banking Act of 1933, or the Glass-Steagall Act, into law with the aim of …
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A Financial Meltdown 75 Years In The Making
Preview: A Depression’s Depressing Statistics
Is past prologue? Yes and no, when it comes to depressions. Two certainties during any economic depression are high unemployment …
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Obama’s New Deal for Blacks in America
Barack Obama’s overwhelming support among African-Americans may seem like an exercise in blind faith or racial pride, but policy, not …
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Firm Helps Underwrite Radio’s ‘Marketplace’
“Marketplace,” public radio’s popular business news program, has a new sponsor in South Florida and the New York City metropolitan …
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Mortgage Lending Lessons Remain Unlearned
One year ago on this page, I questioned whether any lessons had been learned from the decade-long housing bubble. The …
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Maximize Benefits Of Banking Without Borders
Nations may still be divided by closely watched boundaries and vast oceans, but the global economy has no borders, and …
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A Strategy For Inflationary Times
Retro styles are in vogue. Unfortunately, so are retro economic conditions. The world, and the United States in particular, may …
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One Man’s Junk Is Another Man’s Treasure
Rational, unemotional investors create an orderly and efficient securities market. But sometimes fear takes over, buyers stop buying and the …
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Revisiting The Clear Channel Deal
It must be summer: Shareholders of Clear Channel Communications are voting, once again, on whether to accept a buyout of …
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Making The Best Of Bonds
With higher inflation, interest rates rise, potentially very quickly. As interest rates increase, conventional fixed-rate bonds depreciate because investors demand …
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