Regulation, Deregulation, Reregulation

How insightful is Alan Gart's Regulation, Deregulation, Reregulation? "This book is a must for anyone who wishes to chart the future of a radically changing financial industry It contains the most comprehensive histories in a single source of the banking, insurance, and securities companies; what has brought them to their current strains, and what the group is likely to look like a decade from now. It looks like a winner." --Ben Weberman, Columnist Forbes magazine "[Alan Gart] gives the reader an excellent feeling of the past, which has caused the situation we are presently in, and more importantly, gives us an excellent view of the future." --L.J. "Bud" Rowell, Jr., President and CEO Provident Mutual "A valuable compendium of important events in the history of the financial services industry. No one--student, banker, or regulator--should be without it." --Irwin L. Kellner, Chief Economist Chemical Bank "A monumental effort.Alan Gart knows banking." --Terrence A. Larsen, Chairman CoreStates Financial Group "An informative, substantive, and provocative discussion of the financial services industry. This is a stimulating, even exciting, tour de force." --Leonard Berwick, Chairman/CEO First City Bankers "Regulation, Deregulation, Reregulation is an illuminating and intriguing account of the dynamics of change taking place within the financial services industry." --Larry A. Frieder, PhD, Professor of Banking Florida Agricultural and Mechanical University OVERVIEW AND HISTORY OF FINANCIAL REGULATION.

The Financial Services Industry.

History of Bank Regulation.

Securities and Investment Regulation, 1940-1979.

Mainframe Bank Deregulation.

Regulation of the Insurance Industry.

FINANCIAL DEREGULATION AND CONTEMPORARY FINANCIAL ISSUES.

Contemporary Banking Issues.

Deposit Insurance and Bank Failures.

INDUSTRY TRENDS AND STRUCTURAL CHANGE.

Structural Change in the Insurance Industry.

The Investment Banking and Securities Industry.

Structural Change in the Banking Industry.

The Consolidation of the Banking Industry.

PROSPECTS FOR REREGULATION AND DEREGULATION IN THE FINANCIALSERVICES INDUSTRY.

What Do the Experts Say About Reforming the BankingIndustry?.

Where Are We Headed?.

Appendix.

Glossary.

Bibliography.

Index. About the author ALAN GART is President of Alan Gart Inc., a financial consulting firm whose clients include Chemical Bank, Shearson Lehman, CIGNA, Insurance Institute of America, Manufacturers Hanover and Bell Atlantic Enterprises. He is also Professor of Business and Finance at Nova University. Previously, he was corporate chief economist at CIGNA/INA Corporation, senior vice president and economist for the Girard Bank, and vice president and economist for Manufacturers Hanover. His books include Insurance Company Finance and Investment (with David J. Nye); An Analysis of the New Financial Institutions; Banks, Thrifts and Insurance Companies: Survival in the 1980s; and The Insider's Guide to the Financial Services Revolution. He received his PhD from the University of Pennsylvania's Wharton School. Regulation, Deregulation, Reregulation This sweeping new work puts into historical perspective the changes that have taken place in the industry, so that financial professionals like you can learn from the errors and abuses of the past. It helps redefine these financial institutions in the face of new technologies and competitive threats posed by new industry players and helps prepare these institutions and yourself for the new financial challenges of the 21st century. With the help of case studies that act as important cautionary lessons, Regulation, Deregulation, Reregulation provides you with detailed, practical insight into the history, rise, decline, and possible recovery of each of the three major industry segments, including:

• Banks learn why so many banks have failed and who’s to blame…how early warning signals can detect possible bank failure…why commercial banking has declined since WWII…whether consolidation and cost cutting can help save the industry…what role super regionals will play in the revival…what kind of diversification and expansion best suits banks.
• Insurance companies discover the reasons behind the increased collapse of insurance companies…what such troubled insurers as Mutual Benefit Life can teach us…why cost cutting is the key to insurers’ survival and how it can be effected…how the health care crisis and AIDS are affecting the industry…what new role the Feds could play in regulating insurers.
• The Securities industry sees how an ethical decline and poor management practices undermined the industry…how computer technology has revolutionized securities…what impact discount firms have had on industry revenues…whether more mergers, layoffs, and restructurings are in the offing.

If you choose to focus exclusively on your own particular industry segment, the book’s convenient format enables you to go straight to the information you need. If you’re seeking an enlightened overview of the financial services industry, particularly important now as the distinctions among the three segments continue to blur, the book provides you with the necessary background and analysis. However you use Regulation, Deregulation, Reregulation, it finally enables you to prepare for—and become a major player in—the coming industry revolution. How insightful is Alan Gart’s Regulation, Deregulation, Reregulation? "This book is a must for anyone who wishes to chart the future of a radically changing financial industry It contains the most comprehensive histories in a single source of the banking, insurance, and securities companies; what has brought them to their current strains, and what the group is likely to look like a decade from now. It looks like a winner." —Ben Weberman, Columnist Forbes magazine "[Alan Gart] gives the reader an excellent feeling of the past, which has caused the situation we are presently in, and more importantly, gives us an excellent view of the future." —L.J. "Bud" Rowell, Jr., President and CEO Provident Mutual "A valuable compendium of important events in the history of the financial services industry. No one—student, banker, or regulator—should be without it." —Irwin L. Kellner, Chief Economist Chemical Bank "A monumental effort…Alan Gart knows banking." —Terrence A. Larsen, Chairman CoreStates Financial Group "An informative, substantive, and provocative discussion of the financial services industry. This is a stimulating, even exciting, tour de force." —Leonard Berwick, Chairman/CEO First City Bankers "Regulation, Deregulation, Reregulation is an illuminating and intriguing account of the dynamics of change taking place within the financial services industry." —Larry A. Frieder, PhD, Professor of Banking Florida Agricultural and Mechanical University