In a major shift from his days as head of the Federal Reserve, Alan Greenspan said last week that America's major financial institutions are "too big to fail." He said that means they're too big and ought to be broken up. But even new regulations to limit excessive risk and protect consumer finance may be in trouble on Capitol Hill.
Is It Time to Bust the Trusts Again?
Credits
Guests:
- Sudeep Reddy - Wall Street Journal - @Reddy
- Barry Ritholtz - Fusion IQ - @ritholtz
- David Hirschmann - Senior Vice President, US Chamber of Commerce
- Simon Johnson - Massachusetts Institute of Technology - @baselinescene