Hints and tips:
...The expansion of wealth is, after all, the raison d’être of modern finance, be that via hedge funds, pension plans or other investments....
...You’d never know it. Her ear for American dialogue is flawless, her historical details spot on. The quality of the writing, too, is astonishing....
...“But I think you’d have a hard time repealing Gramm-Leach-Bliley [the bill that abolished Glass-Steagall] on this point.” Nor do all economists agree with the view put forward by Mr Volcker....
...By removing the barriers Glass-Steagall had erected between retail banking and the securities businesses, the Gramm-Leach-Bliley Act enabled commercial banks and investment groups to invade each other’s...
...Phil Gramm, the former Texas senator and economist, is another – although he is thought more likely to become treasury secretary in a McCain administration....
...The US is contemplating the biggest overhaul of its system of financial regulation since the passage of the 1999 Gramm-Leach-Bliley Act, which allowed banks to consolidate commercial and investment banking...
...Phil Gramm, a Texas conservative, and Edward Kennedy, a Massachusetts liberal, crafted a plan for Mr Clinton's trial that would satisfy all the Senate's members....
...Phil Gramm, the former Texas senator who now works for UBS, an investment bank, was called into a White House meeting to discuss the job but drawbacks included the fact that his wife was an Enron director...
...Phil Gramm's name has also been floated by congressional Republicans. The former Texas senator has a PhD in economics, long Capitol Hill experience, and now works for UBS....
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