Countless corporate scandals and stock frauds stemmed directly from the repeal

Question

Countless corporate scandals and stock frauds stemmed directly from the 1999 repeal of which New Deal measure?

a. the Glass-Steagall Act

b. the Federal Communications Act

c. the Securities and Exchange Act

d. the Reconstruction Finance Corporation

e. the Bank Holiday Act

ANS: A TOP: Globalization and Its Discontents

DIF: Moderate REF: Full p. 1065 | Seagull p. 1085

MSC: Understanding OBJ: 2. Explain the forces that drove the economic resurgence of the 1990s.

Answer

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