The future of banking: losses on ‘investors’ not taxpayers

Keynote speech by Sir Paul Tucker, Chair of the Systemic Risk Council, Fellow at the Harvard Kennedy School and former Deputy Governor of the Bank of England:

“Solving the too big to fail problem is a necessary precondition to starting to cure the productivity/growth slump that we face.  The stakes are very high.”

Between a rock and a hard place: The future of traditional banking”. Here is a direct video link.

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