The too big to fail debate
This debate about how to deal with institutions that are “too big to fail” has been going on for some time now. But with new legislation introduced that would give the government new powers to regulate large financial firms, it’s reignited the conversation about when institutions should be saved.
Here’s The Newshour’s take, with Eugene Ludwig, the former US Comptroller of the Currency; and Dean Baker of the Center for Economic and Policy Research. The segment begins with a report from Kwame Holman.
