Posts Tagged ‘financial intermediary’

  • bank..16554_4.9_000012530676XSmall

    Financial Intermediaries: Banking Matters

    Jun 11, 13 • 315 Views • No Comments

    Imagine selling your house without depositing the money in a bank or taking your savings with you wherever you go. In Myanmar (Burma), this seemingly irrational behavior has been logical. In 1987, when Myanmar’s socialist government became concerned...  [read more]

  • It’s Complicated

    Jan 16, 10 • 292 Views • No Comments

    Oversimplification concerns me. Some people are saying we should resuscitate Glass-Steagall. Passed in 1933, the Glass-Steagall Act (Banking Act of 1933) prohibited commercial banks from engaging in investment banking activities and created the FDIC. Also a...  [read more]