Raghuram Rajan: Why The Banking Crisis Isn’t Over
Capitalisn't
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The Importance of Preserving the Banking System
"I think that the regional banks lost $120 billion in deposits and the large banks gained $66 billion," he says. "Everything that's happening seems to once again be moving in the direction of very big state, very big institutions" The U.S. isn't willing to tolerate any banking system risk now, Randal Quackenbush says.
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