Do Large Banks' Troubles Show They're Too Big to Manage?
Clip: 10/19/2011 | 8m 49s
Do Large Banks' Troubles Show They're Too Big to Manage?
Goldman Sachs announced a $428 million quarterly loss Tuesday, just its second loss since going public in 1999. Jeffrey Brown discusses the state, the future and regulation of large American banks with banking industry consultant Bert Ely and Simon Johnson, former chief economist of the International Monetary Fund.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Do Large Banks' Troubles Show They're Too Big to Manage?
Clip: 10/19/2011 | 8m 49s
Goldman Sachs announced a $428 million quarterly loss Tuesday, just its second loss since going public in 1999. Jeffrey Brown discusses the state, the future and regulation of large American banks with banking industry consultant Bert Ely and Simon Johnson, former chief economist of the International Monetary Fund.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...