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Jill on Money with Jill Schlesinger

The Bankers’ New Clothes Part One

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.61.8K Ratings

🗓️ 23 March 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

This weekend we're joined by Anat Admati, co-author of The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It. New bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis, and that we’d never again have to choose between massive bailouts and financial havoc. The Bankers’ New Clothes uncovers just how little things have changed, and why banks are still so dangerous. Have a money question? Email us here Subscribe to Jill on Money LIVE YouTube: @jillonmoney Instagram: @jillonmoney Twitter: @jillonmoney "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:56.7

That's LinkedIn. March 23rd. Why does that date ring a bell to me?

1:09.0

March 23rd is my buddy Deborah's birthday, but you know what else? I think that's where we may have made a bare market low four years ago in 2020.

1:18.8

Yeah, I think that's right. Imagine that, who would have known that in the middle of COVID that the market would then come roaring back?

1:27.0

It just shows you it's impossible to time the market. I don't care. These folks who say they can beat the market.

...

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