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Investing Quote by Robert Skidelsky

“notably the 1999 repeal of the US Glass–Steagall Act – allowed commercial banks to become investment banks as well. In addition to investing their depositors’ money, they became highly leveraged speculators in the newly developed securities,” quote by Robert Skidelsky
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““notably the 1999 repeal of the US Glass–Steagall Act – allowed commercial banks to become investment banks as well. In addition to investing their depositors’ money, they became highly leveraged speculators in the newly developed securities,””

Robert Skidelsky

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