《格拉斯-斯蒂格尔法案》的废除:神话与现实(上)  

The Repeal of the Glass-Steagall Act:Myth and Reality(Ⅰ)

作　　者：乌娜.麦克唐纳 朱芳琳 

机构地区：[1]CBE

出　　处：《金融市场研究》2017年第1期123-135,共13页Financial Market Research

摘　　要：格拉斯-斯蒂格尔法案颁布于1933年,旨在应对20世纪二三十年代的银行危机,将投资银行和商业银行业务严格划分开。1999年生效的格雷姆-里奇-比利雷法案废除了上述法案的部分条款。此后,金融危机爆发,一些人继而将危机的部分原因归咎于该法案的废除。然而事实证明并非如此。The Glass-Steagall Act was enacted in 1933 in response to banking crises in the 1920s and early 1930s. It imposed the separation of commercial and investment banking In 1999, after decades of incremental changes to the operation of the legislation, as well as significant shifts in the structure of the financial services industry, Glass-Steagall was partially repealed by the Gramm-Leach-Bliley Act. When the United States suffered a severe financial crisis less than a decade later, some leapt to the conclusion that this repeal was at least partly to blame. However, The causes of financial criseslpast, present, and future--lie elsewhere

关 键 词：格拉斯-斯蒂格尔法案格雷姆-里奇-比利雷法案金融危机 美国联邦储备委员会 

分 类 号：D971.2[政治法律—法学] DD912.2