Taming the Megabanks

Know about the book -

Taming the Megabanks is written by Arthur E. Wilmarth Jr and published by Oxford University Press. It's available with International Standard Book Number or ISBN identification 0190260726 (ISBN 10) and 9780190260729 (ISBN 13).

In Taming the Megabanks, Arthur E. Wilmarth, Jr. argues that we must break up universal banks by enacting a new Glass-Steagall Act. Drawing from an analysis of the Great Depression of the 1930s and the Global Financial Crisis of 2007-09, Wilmarth demonstrates that a new Glass-Steagall Act would make our financial system much more stable and less likely to produce boom-and-bust cycles.