Important discussion…
Nomi Prins, author of “All The Presidents’ Bankers,” discusses regulation of big banks, the relationship between the White House and the financial industry and the state of “too big to fail”. Here is a direct video link.
Segment two discusses JPMorgan CEO Jamie Dimon’s recent mea culpa letter to shareholders. Here is a direct link.
Segment three discusses the history of the Glass-Stegall Act and why the next crisis will bring another opportunity to divide banking from speculating backed by the public purse. Here is a direct video link.