Wohlstetter Conference Center, Twelfth Floor, AEI 1150 Seventeenth Street, N.W., Washington, D.C. 20036 Directions to AEI
Since the adoption of the Gramm-Leach-Bliley Act of 1999, which eliminated Glass-Steagall limits on affiliations between banks and securities firms, there have been renewed allegations that banks are discounting their loans in order to capture underwriting business for their securities affiliates. This conference will consider an important study by AEI visiting scholar Charles W. Calomiris and Thanavut Pornrojnangkool that throws new light on bank pricing practices when affiliates act as underwriters for securities offerings by commercial borrowers.
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Jessica Browning American Enterprise Institute 1150 Seventeenth Street, N.W. Washington, DC 20036 Phone: 202-862-5853 Fax: 202-862-7171 E-mail: JBrowning@aei.org
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Veronique Rodman American Enterprise Institute 1150 Seventeenth Street, N.W. Washington, DC 20036 Phone: 202-862-4870 E-mail: VRodman@aei.org