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Willem Buiter:
Why do you have big banks? Well, because banks like monopoly power; because banks like lobbying power; because, banks know that when they're too big, they will be bailed
Why do you have big banks? Well, because banks like monopoly power; because banks like lobbying power; because, banks know that when they're too big, they will be bailed
Full Transcript
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Why do you have big banks
00:00:02.401 --> 00:00:06.428
Because banks like monopoly power lobbying power
00:00:06.605 --> 00:00:11.099
Because banks know that when they're too big
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they will be bailed
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Movie Summary
Takes a closer look at what brought about the 2008 financial meltdown.