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  Mergers and Consolidation (3)

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BBC News -- Historic US Banking Reform Open in a new windowLink Details
- BBC News report that US Congress passes banking reform, allowing insurance companies, banks and stockbrokers to own each other - and possibly triggering a new merger wave. (11-5-99)
- http://news.bbc.co.uk/1/hi/business/506207.stm

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Goodbye Glass-Steagall, Hello Big Mergers -- and Big Fees? Open in a new windowLink Details
- Article in Business Week Online (10-29-99) contending bank mergers will not bring higher consumer fees because of other competition.
- http://www.businessweek.com/bwdaily/dnflash/oct1999/nf91029b.htm?scriptFramed

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Clinton, Republicans Agree to Deregulation of US Financial System Open in a new windowLink Details
- News article critical of bank reform and deregulation alleding it encouages financial monopolies,loss of privacy and other harmful effects. From World Socialist Web Site. (11-1-99).
- http://www.wsws.org/articles/1999/nov1999/bank-n01.shtml

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