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View stunning SlideShares in full-screen with the new Android app!View stunning SlideShares in full-screen with the new iOS app!
Market capitalization of internet companies sky rocketed.
Financial world was transformed in 1990’s by institutional change and technological innovation.
deregulation of industry and liberalization of cross border transactions
The process culminated in 1999, when president Clinton abolished the institutional barriers to consolidation between different segments of the finance industry legislated in the 1930s and 1940s to prevent the kind of financial crisis that led to The Great Depression of 1929.