Surveillance: Bank Regulation with Hoenig
Bloomberg Surveillance
00:00
Is That What We're Bailing Out?
Tom Foreman: I think a lot of people in America are finding the communication at the moment from authorities to be somewhat confusing. He says depositors were very anxious on Monday, but as the week went on, things started to calm down a little bit. The key though is more the contagion risk that people are worried about if you allow any of these very large banks to become insolvent and the depositors at risk, he says.
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