BBC News -- Historic US Banking Reform - http://news.bbc.co.uk/1/hi/business/506207.stm
BBC News report that US Congress passes banking reform, allowing insurance companies, banks and stockbrokers to own each other - and possibly triggering a new merger wave. (11-5-99) |
Clinton, Republicans Agree to Deregulation of US Financial System - http://www.wsws.org/articles/1999/nov1999/bank-n01.shtml
News article critical of bank reform and deregulation alleding it encouages financial monopolies,loss of privacy and other harmful effects. From World Socialist Web Site. (11-1-99). |
Goodbye Glass-Steagall, Hello Big Mergers -- and Big Fees? - http://www.businessweek.com/bwdaily/dnflash/oct1999/nf91029b.htm?scriptFramed
Article in Business Week Online (10-29-99) contending bank mergers will not bring higher consumer fees because of other competition. |