The Return of Glass-Steagall

Gerard Magliocca

Gerard N. Magliocca is the Samuel R. Rosen Professor at the Indiana University Robert H. McKinney School of Law. Professor Magliocca is the author of three books and over twenty articles on constitutional law and intellectual property. He received his undergraduate degree from Stanford, his law degree from Yale, and joined the faculty after two years as an attorney at Covington and Burling and one year as a law clerk for Judge Guido Calabresi on the United States Court of Appeals for the Second Circuit. Professor Magliocca has received the Best New Professor Award and the Black Cane (Most Outstanding Professor) from the student body, and in 2008 held the Fulbright-Dow Distinguished Research Chair of the Roosevelt Study Center in Middelburg, The Netherlands. He was elected to the American Law Institute (ALI) in 2013.

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1 Response

  1. huh? says:

    How about economies of scale leading to lower prices for financial products?

    What did Glass-Steagall have to do with the failure of Lehman, Bear Stearns, AIG, Fannie, Freddie and hundreds of small banks?

    So things would have been better if JP Morgan wasn’t able to buy Bear? If BofA wasn’t able to buy Merrill?