Separate commercial and investment banking

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Let's consider the money, bond, stock and mortgage markets. How are they alike? How are they different? How do they interact? Please describe these respective impacts in concrete terms. You may use real-world examples, but cite your sources. Secondly, are banks too big? Should banks be too big to fail? Should big banks be broken up? Should the Glass-Steagall Act be restored to separate commercial and investment banking operations? Can the U.S. economy function successfully without big banks? 

Answer each question in detail. Please provide evidence from various sources for your views and cite them in your initial post.

Reference no: EM131086429

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