Chapter 10 All Materials PDF

Chapter 10 All Materials PDF - ECON 330: Money and Banking...

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ECON 330: Money and Banking Fall 2007 Section 1: Tuesday and Thursday, 11:30AM-12:45PM, SMU 104 Section 2: Tuesday and Thursday, 5:00PM-6:15PM, SRO B Prof. J. Santos South Dakota State University Student Learning Objectives: Chapter 10: Banking Industry: Structure and Competition [1] Identify and summarize the major controversy involving the chartering of banks in late eighteenth century America. [2] Summarize the major contribution, to U.S. banking law, of the National Bank Act of 1863. [3] Identify the regulatory purview (i.e., federally or state chartered banks) of the O¢ ce of the Comptroller of the Currency, a department of the U.S. Treasury. [4] De&ne the term dual-banking system. [5] Identify the U.S. central bank and the year it was established. [6] Identify, based on bank charter, banks that must join the Fed and banks that have the option to do so. [7] Identify the year that Congress established the Federal Deposit Insurance Corporation (FDIC) and describe brie±y the fundamental purpose of this regulatory agency. [8] Identify, based on bank charter and Fed a¢ liation, banks that must purchase FDIC insurance and banks that have the option to do so. [9] De&ne the payo/ and purchase-and-assumption methods associated with an FDIC bank bailout. [10] Identify, in broad terms, the restrictions that the Glass-Steagall Act of 1933 placed on banks, insurance companies and investment banks. [11] De&ne the term bank holding company (BHC). [12] Identify the regulatory institution that regulates BHCs in the U.S. [13] De&ne and identify examples of an adjustable rate mortgage and a &nancial derivative.
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[14] Describe brie&y why most economists link the evolution of adjustable rate mortgages and ±nancial derivatives to interest rate volatility, which grew considerably during the 1970s and 1980s. [15] De±ne the term commercial paper. [16] De±ne the term securitization. [17] Describe brie&y why most economists link the evolution of bank credit and debit cards, electronic banking, junk bonds, commercial paper and securitization to rapid developments in information technology. [18] Describe brie&y why most economists link the evolution of money market mutual funds and sweep accounts to government regulations with regard to reserve requirements and restrictions on interest paid on deposits. [19] Explain brie&y why there are so many commercial banks in the U.S. today. [20] Summarize the major contribution, to U.S. banking law, of the McFadden Act of 1927. [21] De±ne the term superregional bank. [22] Summarize the major contribution, to U.S. banking law, of the Riegle-Neal Interstate Banking and Branching E¢ ciency Act of 1994. [23] Summarize the major contribution, to U.S. banking law, of the Gramm-Leach-Bliley Financial Services Modernization Act of 1999. [24] De±ne universal banking, as it relates to banking in, say, Germany, the Netherlands and Switzerland .
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This note was uploaded on 04/09/2008 for the course ECON 330 taught by Professor Santos during the Spring '08 term at SD State.

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Chapter 10 All Materials PDF - ECON 330: Money and Banking...

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