Abstract
Nonbank banks have been the focus of much recent attention and debate. To some, limited-service banks are a shelter through which the parent organizations can conduct business critical to their continued profitability and even survival. To others, they are mongrel institutions born of efforts to evade legitimate strictures imposed by congressional intent as well as a threat to the interests of the traditional banks and their customers.
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References
Ely, Bert. “The Big Bust: The 1930–33 Banking Collapse—Its Causes, Its Lessons” Chapter 3 of this book.
Huertas, Thomas F. “Can Banking and Commerce Mix?” Chapter 13 of this book.
Kaufman, George G. “The Truth about Bank Runs.” Chapter 2 of this book.
Litan, Robert E. “Taking the Dangers out of Banking Deregulation.” Brookings Review (Fall 1986): 3–12.
“Nonbank Banks and Nonproblems.” Regulation (September/October 1986): 8–11.
Proxmire, William. “The ‘Nonbank Bank’ Threat is Real.” Washington Post, letter to the editor (March 10, 1987): A14.
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© 1988 The Casto Institute
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England, C. (1988). Nonbank Banks Are Not the Problem: Outmoded Regulations Are. In: England, C., Huertas, T. (eds) The Financial Services Revolution. Innovations in Financial Markets and Institutions, vol 1. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-3277-7_14
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DOI: https://doi.org/10.1007/978-94-009-3277-7_14
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-7971-6
Online ISBN: 978-94-009-3277-7
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