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Is the Banking System Safer Than It Was in 2008?

Open to Debate

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The Resilience of the System

Jillian Jason says 2008 reforms did some good things, but missed a lot and had unintended consequences. Says it's become harder to find market makers in the treasury board markets which means that when a crisis hits there aren't people to act as lubricant for system. "We cannot keep putting foam on the wrong way indefinitely," she adds.

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