Simon Johnson: The Challenge of Large, Complex Financial Institutions (6/7)

Simon Johnson: The Challenge of Large, Complex Financial Institutions (6/7)

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the systemic risks posed by mega banks, highlighting the limitations of current resolution authorities like Dodd Frank. It examines the increasing size of banks and the failure of efforts to simplify them. The discussion extends to Basel III capital requirements and the influence of banker compensation on public loss. The video emphasizes the need for substantial reforms to prevent future financial crises.

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1 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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