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by jsprogrammer 4110 days ago
And so it has come full circle:

>The corporation, formed by J.P. Morgan & Co. partners Henry S. Morgan (grandson of J.P. Morgan), Harold Stanley and others, came into existence on September 16, 1935, in response to the Glass-Steagall Act that required the splitting of commercial and investment banking businesses. [0]

[0] http://en.wikipedia.org/wiki/Morgan_Stanley