Levy: Was It So Bad Letting Lehman's Fail?

The transcript covers a discussion on the financial crisis, focusing on the Lehman Brothers bankruptcy and its implications. It debates the Eurozone's approach to deficit and growth, highlighting the challenges of bank leverage and regulatory impacts. The conversation also touches on the difficulties in infrastructure investment due to stringent regulations.

What was the main topic of discussion regarding Lehman Brothers?

• Its investment in technology

• The decision to let it go bankrupt

• Its merger with another bank

• Its expansion into Asia

What challenge did the Eurozone face according to the discussion?

• Reducing unemployment rates

• Balancing deficit cuts and economic growth

• Improving technological infrastructure

• Increasing exports to the USA

What is the real problem in assessing the quality of banks?

• Customer satisfaction

• Leverage

• Capital

• Interest rates

Why can't banks fully deleverage according to the discussion?

• Because of government restrictions

• Due to lack of customer deposits

• Because of high interest rates

• Due to Level 3 assets

What is the impact of regulations on banks' investment in infrastructure?

• It leads to increased competition

• It encourages more investment

• It has no impact

• It restricts investment