The repeal of Glass-Steagall, in 1999, allowed commercial banks to break into the securities business and ultimately gain the heft to compete with the likes of Bear Stearns and Merrill.

• 该法案于1999年被废除，商业银行进而得以从事证券业务，并最终有实力与贝尔斯登和美林等公司竞争。