Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Dec 21, 2012
Anat Admati exposes the flaws in the banking system that could trigger another financial collapse, and lays out a plan to fix it in her new book "The Bankers' New Clothes: What's Wrong with Banking and What to Do about It." Admati is the George G.C. Parker professor of finance and economics at the Stanford Graduate School of Business. She co-wrote the book with Martin Hellwig, an economics professor in Bonn, Germany.
What's the biggest problem with the banking industry? 0:22 What could happen if the big banks fail? 0:49 How can we fix the banking system? 1:14 Won't more regulation make it harder for banks to grow the economy? 2:00 Why should the public care about banking regulation? 2:22