The Financial Crisis: the FRONTLINE interviews Money, Power, & Wall Street sponsored by Duke Sanford School of Public Policy
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Richard Fisher is president of the Federal Reserve Bank of Dallas, which, in March 2012, released a critical report arguing that the nation's largest banks are "a perversion of capitalism" and "a clear and present danger to the U.S. economy." The report also suggested that the Dodd-Frank financial reform legislation "may actually perpetuate an already dangerous trend of increasing banking industry concentration." This is the edited transcript of an interview conducted by producer Michael Kirk on March 31, 2012.

Richard Fisher

President, Federal Reserve Bank of Dallas

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