Multiple Choice
The Gramm-Leach-Bliley Act (GLBA)
A) removed decades-old barriers between banking and other financial services by creating financial holding companies.
B) bailed out the failed savings and loan industry.
C) further regulated banks and other depository institutions in an attempt to reverse trends that were occurring within the industry.
D) made nonfinancial firms such as Sears, AT&T and General Motors into financial supermarkets.
Correct Answer:
Verified
Correct Answer:
Verified
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