Roubini on facts that must be faced

New York University Professor Nouriel Roubini discusses “greedy” bankers, the euro-zone crisis and risks facing the global economy in 2013.

“Nothing has changed since the financial crisis. The incentives of the banks is to cheat – doing things that are either illegal or immoral. The only way to avoid that is to break up these financial supermarkets. There are no chinese walls and [there are] massive conflicts of interest.” Here is a direct link.

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