Anat Admati on Banking Regulations and Techlash
Masters in Business
00:00
Is Bank Banking Inherently Risky?
Before the financial crisis, banks figured out that the less capital they keep on the books, the better their profit margins appear. And so we've seen a half century of first d regulation, then fairly radical dregulation,. All of which worked to the bank's advantages, until suddenly it no longer did. The key understand it is it's not like essential or efficient, it's just that that's how they want it.
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