The Causes Of The Financial Crisis Part 1/2 - The Book Reckless Endangerment

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Uploaded by on Jun 3, 2011

The authors of a new book on the financial crisis, Reckless Endangerment, discuss the causes of the financial crisis. Very interesting discussion but missing is a discussion of the effects of the FED/government monetary policy of artificially low interest rates.
For part 2 click here http://www.youtube.com/watch?v=ZRZP7G4-tbE

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Uploader Comments (runarolsen)

  • The problem with the balance sheets of the banks was that on the left there was nothing right, and on the right there was nothing left!

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