Brown Says Regulators Let Banks Get Too Big Too Fast

Brown Says Regulators Let Banks Get Too Big Too Fast

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the need for strong rules to counteract the actions of arrogant bank executives. It highlights how previous protections were rolled back, allowing banks to grow too quickly, and raises questions about the adequacy of current deposit insurance. The importance of sound bank management principles is emphasized, and there is a call for accountability and consequences for executives of failed banks.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to have strong rules and courageous public servants in the banking sector?

To prevent the rollback of important protections

To ensure bank lobbyists have more influence

To reduce the number of public servants

To allow banks to grow without restrictions

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What issue is raised regarding deposit insurance?

Whether it should be eliminated

If the current amount is adequate for all, including small businesses

If it should only cover large corporations

Whether it should be increased for executives

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected of bank executives in terms of bank management?

To focus solely on increasing profits

To understand basic principles and avoid over-concentration

To prioritize bonuses over customer trust

To ignore specialized areas of business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action has been taken against former CEOs of failed banks?

They have been promoted

They have been ignored

They have been called to testify

They have been given bonuses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must bank executives face for their actions?

Public praise

More lenient regulations

Real consequences

Increased salaries