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    Back to To the Point

    To the Point

    Is It Time to Bust the Trusts Again?

    In a major shift from his days as head of the Federal Reserve, even Alan Greenspan said last week that it's time to break up those banks and brokerages that are "too big to fail."  The financial giants are handing out billions in bonuses again, and they've spent $224 million lobbying against efforts to regulate excessive risk.

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    By Warren Olney • May 12, 2014 • 1 min read

    In a major shift from his days as head of the Federal Reserve, even Alan Greenspan said last week that it's time to break up those banks and brokerages that are "too big to fail." The financial giants are handing out billions in bonuses again, and they've spent $224 million lobbying against efforts to regulate excessive risk. But their critics insist they're the ones who brought the global financial system to the brink of collapse. Ninety-nine smaller banks have failed during this year alone. Citibank and Bank of America aren't doing so well. If the financial system isn't repaired, will it be taxpayer-bailout time all over again?

    The full episode

    2 of 3
    Is It Time to Bust the Trusts Again?
    1. 0:00UN-Backed Commission Says Karzai Failed to Win Re-election
    2. 7:46Is It Time to Bust the Trusts Again?You’re reading this
    3. 41:55US to Pursue Greater Engagement with Sudan
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      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

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      Andrea Brody

      Senior Producer, KCRW's Life Examined and To the Point podcast

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      Karen Radziner

      Managing Producer, To the Point & Which Way LA?

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      Sudeep Reddy

      Wall Street Journal

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      Barry Ritholtz

      Fusion IQ

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      David Hirschmann

      Senior Vice President, US Chamber of Commerce

      NewsNationalPolitics

    The full episode

    2 of 3
    Is It Time to Bust the Trusts Again?
    1. 0:00UN-Backed Commission Says Karzai Failed to Win Re-election
    2. 7:46Is It Time to Bust the Trusts Again?You’re reading this
    3. 41:55US to Pursue Greater Engagement with Sudan
    Back to To the Point