To the Point
Is It Time to Bust the Trusts Again?
Big name economists, including Alan Greenspan, are saying it's time to break up financial institutions that are "too big to fail." Is it too late even to regulate the banks and brokerages that caused the financial meltdown? Does a new agency for consumer finance protection have a chance? Also, a UN-backed commission says that Afghan President Hamid Karzai failed to win re-election, and both carrots and sticks to persuade Sudan to end Darfur's humanitarian crisis.
By Warren Olney • • 50m ListenBig name economists, including Alan Greenspan, are saying it's time to break up financial institutions that are "too big to fail." Is it too late even to regulate the banks and brokerages that caused the financial meltdown? Does a new agency for consumer finance protection have a chance? Also, a UN-backed commission says that Afghan President Hamid Karzai failed to win re-election, and the Obama Administration finally agrees on a new policy toward Sudan and its humanitarian crisis.
Banner image: Justin Sullivan/Getty Images
