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Wall Street

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Failure to Regulate as Super-sized Banks Grow Larger

(Analysis) Even as investigation into criminal activity at super-sized banks continues to uncover more wrong doing, the trend for both larger size and greater industry concentration continues (see chart). Since 1999, when Congress repealed the provisions limiting bank activities and mergers by the Glass-Steagall Act of 1933, the number of banks with more than $100 … Continue reading