One suggested method of dealing with the too-big-to-fail problem is to reimpose the restrictions that were in place under
A)Glass-Steagall.
B)McFadden.
C)the Edge Act.
D)the Federal Reserve Act.

Question

Quizplus · Accepted Answer

Glass-Steagall Act restricted commercial banks from engaging in investment banking activities and vice versa. This was created to prevent the formation of institutions that were too big but also too interconnected to fail. Reimposition of these restrictions can help in dealing with the too-big-to-fail problem.

One Suggested Method of Dealing with the Too-Big-To-Fail Problem Is