The Glass-Steagall Act prohibited
A) retail brokerage firms from having investment banking operations.
B) commercial banks from combining investment banking and commercial banking functions.
C) investment banks from selling both debt and equity securities.
D) insurance companies from selling investment products.
B) commercial banks from combining investment banking and commercial banking functions.
You might also like to view...
An external issue to be considered when setting a price is
a. the quality of competing products or services. b. the quality of materials and labor. c. a price geared toward a minimum return on investment. d. the total costs of the product or service.
Serengeti makes lightweight sunglasses with 100 percent UV protection for hunters, hikers, and cyclists. Serengeti's long-term plans include the development of lenses for people who fish
These new lenses will have effective water-sheeting action to reduce lens spotting. Serengeti believes it can use its reputation as a sunglasses manufacturer for specialized markets to enter this new market of people who fish professionally and recreationally. Serengeti's plan is an example of ________. A) ROMI B) strategic planning C) portfolio analysis D) tactical planning E) scorecard balancing
The ______ is often responsible for organizational development throughout an organization while the ______ is responsible for implementing an organizational change effort.
a. change agent; human resources management department b. human resources management department; change agent c. change agent; process consultant d. process consultant; human recourses management department
If the subject matter of the offer is destroyed:
a. the court takes over the contract b. the contract is still binding c. the offeror must replace the subject matter d. the offeree must replace the subject matter e. none of the other choices are correct