Should We Break up The Big Banks
In 2008, big banks received 245 billion in taxpayer dollars to stabilize U.S. banking institutions. Today, banks that were once "too big to fail" are bigger. Was size a root cause of the financial crisis, or do economies of scale provide benefits to customers and investors?
Moderator: John Donvan
Speaking for the motion: Richard Fisher, President and CEO, Federal Reserve Bank of Dallas; Simon Johnson, Professor of Entrepreneurship, MIT Sloan School of Management
Speaking against the motion: Douglas Elliott, Fellow in Economic Studies, Brookings Institution
Wednesday, October 30th at 9pm on 88.9