Political Gabfest: Go Ahead, Call It A Bailout
Slate News
00:00
Bank Regulation
CNN's John Sutter asks whether confidence in banks is what it used to be. He says the bailout was a performance, not based on fundamentals but on psychology. The idea of trusting the market is a really nice idea on a whiteboard and it doesn't work often in the real world, he says.Sutter: Stricter government regulation would help protect depositors from losing their money.
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