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| Banking and Policy Issues Magazine
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Special Issue 2000
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Financial Modernization
This issue of The Region is dedicated to the Financial
Services Modernization Act of 1999
(Gramm-Leach-Bliley), and includes an analysis of the new law by Minneapolis
Fed President Gary Stern, as well as a review from the bank's supervisory
staff. The magazine features an interview with Rep. Jim Leach, chairman
of the U.S. House Committee on Banking and Financial Services, conducted
by Stern. |
Six prominent contributors also offer their assessment
of financial modernization, with opinions on such topics as consumer
privacy, community banking, regulation and the Community Reinvestment
Act. Other features include a brief summary of the bill, a historical
review of the influence of Sen. Carter Glass, and a timeline of major
banking legislation and regulation during the 20th century. |
Top of the Ninth
Gary H. Stern, President, Federal Reserve Bank of Minneapolis
Financial Evolution, Not Revolution
Ronald A. Wirtz, Senior Writer
Have We Only Just Begun?
Ron J. Feldman, James M. Lyon, and Niel
D. Willardson,
Banking Supervision Department, Federal Reserve Bank of Minneapolis
Interview with Rep. Jim Leach
Chairman, U.S. House Committee on Banking and Financial Services
Are Banks Special? A Revisitation
E. Gerald Corrigan
The Financial Modernization Legislation: An Assessment
Carter H. Golembe
The Impact on Community Bankers
Robert N. Barsness
Privacy and The Promise of Financial Modernization
Richard M. Kovacevich
The Road Not Taken
Malcolm Bush
Financial Reform's Unfinished Agenda
William M. Isaac
“These Gambling Activities”
A review of the influence of Carter Glass on banking legislation
The Financial Services Modernization Act of
1999
A brief summary of Gramm-Leach-Bliley
Links to more information on Gramm-Leach-Bliley
Century of Change
A timeline of banking legislation and regulation
Fed survey results show bankers energized, relieved
and distraught over GLB
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Annual Report
