Bethany McLean explores whether or not new regulations have lessened systemic risk from the banking sector, and whether the US government has created the right incentives to reduce the possibility of another crisis.
Bethany McLean, a contributing editor at Vanity Fair, explores whether or not new regulations have lessened systemic risk from the banking sector, and whether the US government has created the right incentives to reduce the possibility of another crisis. She also discusses risks lurking in shadow banking and challenges the idea that risks can be “managed.”
This session is presented as part of the Future of Finance initiative, and highlights the importance of Safeguarding the System in shaping a trustworthy, forward-thinking financial industry that better serves society.