The Watchdog on WallstreetThe Watchdog on Wallstreet

Banking Without Consequences Stress Tests & Groundhog Day

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Bank stress tests may look reassuring, but Chris argues the real problem hasn't changed. As regulators consider easing capital requirements, he warns that America's biggest banks still operate with an implicit government backstop—encouraging excessive risk-taking. Chris explains why "too big to fail" remains a threat to financial stability, revisits the case for breaking up the largest banks, and makes the argument for returning to a simpler, safer banking system.
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The Watchdog on Wallstreet

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