Liliana Rojas-Suarez on CNN en Español

Liliana Rojas-Suarez discussed President Obamas proposal for regulating U.S. banks on CNN en Español. Obamas proposal prevents banks from using depositors money for operations that are extremely risky like hedge funds or capital investments. Rojas-Suarez says that a new measure for proprietary trading will have a mixed effect within banks: some of them will be affected by the measure since it represents 10% of their activities and others won´t feel the effect since it represents 1% of their activities. Nevertheless, she says it is worth considering this proposal because what they are trying to do here is to minimize the risks banks are taking when they use government bail-out money. They can trade with their clients money as long as they are not taking risks in their own accounting books.

Category:

News & Politics

Tags:

• Liliana Rojas-Suarez
• CNN
• Center for Global Development