More banks, fewer problems

Should we have more small banks, and not that much big ones? Is the question that Scott Shay is trying to answer in the next TED talk.

Scott Shay is a small banker with a big idea: No more big banks. The way he sees it, the bigger they are, the harder they fall and the bigger the global disaster they can leave in their wake. At TEDxWallStreet, he appeals for a massive break-up — spreading out the risk, diversifying the field, lowering the dependency and creating a more secure financial system overall.

Advertisements

Tags: , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: