June 16, 1933. The Glass-Steagall Act effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation, among other things.
5 replies (most recent on top)
Yup, let's go backwards because things were so much better back then. Short memories.
@1goy+1gJ1xYjK sure, dump someone's voluntary decision to go to college on other tax payers. Please don't ever run for office.
“FoRgIViNg StUdEnT dEbT iS a GrEaT IdEa AlSo”
- OP
Just get rid of all banks and store cash in your mattress.
Bring back banks not operating across state lines.....force them to break up.