John Allison on the Financial Crisis, Clip 1

John Allison, retired Chairman and CEO of BB&T Corporation, talks about the causes of the recent financial crisis and what we can do to fix it.

Category:

Education

Tags:

• John Allison
• BB&T
• financial crisis
• banking crisis

[Sundogjeep]

Every dopey pop culture half-wit should be forced to watch this over and over until they can explain in detail what John is saying. Good job Mr. Allison.

[Sluttybags]

These clips need to be linked everywhere.

[HanStanwell]

but but but I thought it was deregulation caused by bush and those evil free market repubs?

[yankee6161]

This is completely ideological propaganda. Government housing policies and the Federal Reserve did not CAUSE the housing bubble and collapse. It was a private sector hyper-leverage problem that occurred in the years following the elimination of Glass-Steagall regulation.

[neelyky]

Wise words from Englands finest comic artist, although his new material does seem to veer away a little from his more light-hearted tales of tackleford, near death experiences and "fish-men".

[itulipdotcom]

@johnleepisciotta

Read The Postcatastrophe Economy

[johnleepisciotta]

Write a book please.

[RyanDJamieson]

Good video, John.

[legendre007]

I'm glad to hear John Allison's words of wisdom. :-)