Information Leaks Inside Big Banks Provide Unfair Advantage
Thursday, March 24, 2011 - 17:10
in Mathematics & Economics
When the Glass-Steagall Act of 1933 was repealed 11 years ago, financial institutions were allowed to engage in commercial and investment activities under the same roof. But a new study finds it's difficult to maintain an information firewall between those activities when they are housed in the same financial institution.