This Article will argue that the Granm-Leach-Bliley Act was based on a premise about the business of banking that is fundamentally false. The articulated rationale for the passage of the Act was that technological developments had already occurred that eviscerated the traditional distinctions between these two activities. These technological innovations were making traditional commercial banking obsolete. Under this view, if the nation's commercial banks were to survive, they would have to move into new, more profitable areas like investment banking. As Laurence H. Meyer, a member of the Board of Governors of the Federal Reserve put it, "Part of the motivation for the [new] bill was to put US banking organizations in a more competitive position. To the extent that securities and banking are increasingly interconnected activities with power synergies, US banking organizations are better able to play in the global arena than they were before."
The export option will allow you to export the current search results of the entered query to a file. Different
formats are available for download. To export the items, click on the button corresponding with the preferred download format.
By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.
To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export.
The amount of items that can be exported at once is similarly restricted as the full export.
After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.