Real World Banking

What is money? Where is the banking industry headed? What does the Fed really do? Real World Banking provides lively answers to these questions and more. The fourth edition features expanded coverage of the international financial system and critically analyzes the Federal Reserve Bank, bank failures, the megamergers of the 1990s, and the repeal of the Glass-Steagal Act. The reader also features articles on the financial system's discrimination against poor and minority communities, and the progess made under the Community Reinvestment Act.