Banks too big to fail and too big to jail
An economics expert answers questions diving further into economic inequality, the limitations of industry regulation and the widening gap between a booming stock market and a population that increasingly lives in poverty.
Sheila Bair, the longtime Republican who served as chair of the Federal Deposit Insurance Corporation (FDIC) during the fiscal meltdown five years ago, joins Bill to talk about American banks’ continuing risky and manipulative practices, their seeming immunity from prosecution, and growing anger from Congress and the public.
Posts
