Glass-steagall act initiated by the gramm-leach-bailey act

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Do you believe that the repeal of many of the provisions of the glass-Steagall Act initiated by the Gramm-Leach-Bailey Act of 1999 was considered one of the primary and pertinent contributory factors leading to the 2008 financial downturn of the Great recession? If so Why? If not, Why not?

Reference no: EM13685590

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Glass-steagall act initiated by the gramm-leach-bailey act : Do you believe that the repeal of many of the provisions of the glass-Steagall Act initiated by the Gramm-Leach-Bailey Act of 1999 was considered one of the primary and pertinent contributory factors leading to the 2008 financial downturn of the Grea..
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