题目内容
（请给出正确答案）
A、separated commercial and investment banking.
B、made it illegal for a commercial bank to buy or sell securities on behalf of its customers.
C、made it illegal for investment banks to engage in the underwriting of corporate securities.
D、did all of the above.
E、did only A and B of the above.
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更多“The Glass-Steagall Act _________”相关的问题
Commercial banks had become deeply involved in the sale and distribution of new stock and bond offerings in the 1920s, not always with happy results.
57. There were suspicions that banks on occasion dumped new offerings into trust funds that they managed because they couldn't sell them to anyone else.
58. To avoid such conflicts of interest, the Banking Act of 1933 divorced commercial from investment banking. Banks involved in both areas were forced to choose one or the other.
Commercial banks were allowed to distribute new offerings of federal government securities and "full faith and credit" general obligations of state and local governments. 59. But Glass-Steagall provided that banks could not get involved in new offerings of corporate stocks or bonds or municipal revenue bonds.
Revenue bonds differ from general municipal obligations in that they are not backed by the full taxing power of the state or local government; bondholders have a claim only on the revenues of a specific project being financed, such as a toll road or a state university dormitory. 60. The Act was also interpreted as meaning that commercial banks could not offer mutual funds, including money market mutual funds. Commercial banks believe they are being discriminated against by the provisions of the Glass-Steagall Act.
(56)
8. Gift giving at Christmas Christmas or Christmas Day (Old English: Crīstesmæsse, meaning "Christ's Mass") is an annual festival commemorating the birth of Jesus Christ, observed most commonly on December 25 as a religious and cultural celebration among billions of people around the world. A feast central to the Christian liturgical year, it is prepared for by the season of Advent or the Nativity Fast and initiates the season of Christmastide, which historically in the West lasts twelve days and culminates on Twelfth Night; in some traditions, Christmastide includes an Octave. Christmas Day is a public holiday in many of the world's nations, is celebrated culturally by a large number of non-Christian people, and is an integral part of the holiday season, while some Christian groups reject the celebration. In several countries, celebrating Christmas Eve on December 24 has the main focus rather than December 25, with gift-giving and sharing a traditional meal with the family. Gift giving is a commonly practised tradition during Christmas. It is believed that giving gifts at Christmas is done to remember the Wise Men who presented gifts to the baby Jesus. The story of the Wise Men is found in Matthew 2 in the Bible. Jesus was born in Israel, and wise men from the east saw a star in the sky. They knew the star was pointing to Jesus, king of the Jews. They wanted to worship Jesus, so they followed the star to Bethlehem, where Jesus lived as a baby. As a way to worship him, they offered him their gifts of gold, frankincense, and myrrh. Some people think Christmas itself is really about a big present that God gave the world about 2000 years ago - Jesus! One of the most famous Bible verses, John 3:16, says: “God loved the world so much, that he gave his one and only Son, so that whoever believes in him may not be lost but have eternal life.” It is most common for family members to give gifts to each other at Christmas. Parents give gifts to their children. Children usually give a small gift to their parents. Siblings give gifts to each other. Grandparents give gifts to their grandchildren. It is also common for friends to give gifts to each other. Many companies also give gifts to their employees at Christmas. Children, of course, love to receive toys as gifts. Most adults who receive gifts want something practical, something that they can use. Gifts can be bought at stores or online. Sometimes, the most meaningful gift is one that is homemade: a craft, a decoration, or food. All over the world, families and friends give presents to each other. Most children around the world believe in a Christmas gift bringer. It's often St. Nicholas, Santa Claus or Father Christmas, but in parts of Germany they believe that it is the Christkind, in Spain they believe it is the Wise Men and in parts of Italy they believe it is an old lady called Befana. 16. Which of the following is NOT thought to be a Christmas gift bringer?
A、Jesus.
B、Befana.
C、St. Nicholas.
D、The Wise Men.
A、alliteration
B、heroic couplet
C、irony
D、understatement
A、the bundling of deposits into loans.
B、extending long-term credit to other financial institutions.
C、helping corporations raise funds.
D、providing credit to firms engaged in international trade.
A、extend credit to stock brokers and dealers.
B、extend credit to investors.
C、extend credit to corporations.
D、help corporations issue new securities.
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