Glass-Steagall Act organization
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Glass-Steagall Act founded
Great Depression host_asserted
“And the first real big banking reform act was in 1934. It's called the Glass-Steagall Act. And that's coming right in the middle of the Great Depression. It was one of the first things FDR's presidency did. But it's one of the better govern…”
▶ The Shadow State Pt 13; BCCI Pt. 3- The Cover-Up @ 2:16
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▶ 2:16
And the first real big banking reform act was in 1934. It's called the Glass-Steagall Act. And that's coming right in the middle of the Great Depression. It was one of the first things FDR's presidency did. But it's one of the better govern…
▶ 2:43
and right after that they created the investment company act of 1934 and a few others that followed anytime anybody sat down for a series seven or series six or any of the securities licenses knows these acts by heart because you got to mem…
▶ 3:14
which were doing international trading, investing in their own accounts. They're the ones taking the risk. And the retail saver was getting punished. So the Glass-Steagall Act separated those apart. And they made the retail banks highly reg…