6min chapter

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#1177 Caitlin Long On Bitcoin & The Banking Crisis

The Pomp Podcast

CHAPTER

The Bank Regulators Are Engaged in Groupthink

Sally Kohn: Bank regulators are oftentimes engaged in groupthink. She says they just assumed that there was not ever going to be a bank run at the speed of online banking. The White House is basically taking an anti-innovation stance, and you know what? It's fascinating as a political move, because there are more moderate people in the Obama administration who could make a difference.

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