Should We Break Up The Big Banks?

Open to Debate

News, Education, Society & Culture

4.6 • 2.2K Ratings

🗓️ 23 October 2013

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

To prevent the collapse of the global financial system in 2008, The Treasury committed 245 billion in taxpayer dollars to stabilize America’s banking institutions. Today, banks that were once “too big to fail” have only grown bigger. Were size and complexity at the root of the financial crisis, or do calls to break up the big banks ignore real benefits that only economies of scale can pass on to customers and investors? The debaters are Richard Fisher, Simon Johnson, Douglas Elliott, and Paul Salzman. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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