Video: Simon Johnson on the Need to Increase Bank Equity
Next in our series of video interviews from the Institute for New Economic Thinking conference: Simon Johnson, MIT economist and co-author of "13 Bankers: The Wall Street Takeover and the Next Financial Meltdown."
Two years after efforts to repair the post-crisis financial system began in earnest, David Brancaccio asks him how we're doing, and what still needs fixing.
MORE VIDEOS IN THIS INTERVIEW SERIES:
VIDEO:The internal contradictions of our post-crisis policies with Niall Ferguson, financial historian and author of "The Ascent of Money" and "Civilization: The West and the Rest," to be published in the U.S. this fall. Watch now.
VIDEO: Fixing the world economy with Jean-Paul Fitoussi, an economist at the Institut d'Etudes Politiques de Paris, and part of the Stiglitz-Sen-Fitoussi commission that French President Nicolas Sarkozy asked to study moving beyond GDP. Watch now.
VIDEO: G-Zero, derivatives and fixing the economy with George Soros, chair of Soros Fund Management LLC and the founder of the Open Society Institute.
VIDEO: Debt overhang and other financial system dangers with Carmen Reinhart, economist at the Peterson Institute for International Economics and the co-author of "This Time Is Different: Eight Centuries of Financial Folly."