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Greenspan on Cap Requirements, Self Regulation

Posted By Barry Ritholtz On October 22, 2013 @ 6:00 am In Federal Reserve,Really, really bad calls,Regulation,Video | Comments Disabled

Greenspan discusses many of the ideas he had reversed himself on regarding the financial requirement.

Note he has adopted my Partner’s Joint & Thesis Liability explanation (from BN [1]) that states the move to Corporate structure from a Partnership radically reduced the focus on risk management.

 

In this exclusive, unedited interview, former Fed Chairman Alan Greenspan explains why bankers are so terrible at self-regulation.

Alan Greenspan Extended Interview Pt. 1

The Daily Show
Get More: Daily Show Full Episodes [2],The Daily Show on Facebook [3]

(06:51)

~~~

In this exclusive, unedited interview, former Fed Chairman Alan Greenspan discusses the need for increased capitalization in the global financial system.

Alan Greenspan Extended Interview Pt. 2

The Daily Show
Get More: Daily Show Full Episodes [2],The Daily Show on Facebook [3]

(07:08)

 


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URLs in this post:

[1] BN: http://www.amazon.com/exec/obidos/ASIN/0470596325/thebigpictu09-20

[2] Daily Show Full Episodes: http://www.thedailyshow.com/full-episodes/

[3] The Daily Show on Facebook: http://www.facebook.com/thedailyshow

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