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Jul 11, 2017

07/11/2017: How ‘Too Big to Fail’ became a thing

The Consumer Financial Protection Bureau has adopted a new rule that will allow consumers to sue financial institutions in class-action lawsuits. On today’s show, we’ll look at the route you’ve typically had to take in the event that you had a financial dispute, and what industries this new rule will apply to. Afterwards, ProPublica’s Jesse Eisinger joins us to discuss why it’s difficult to indict corporations. 

A view of the Lehman Brothers' headquarters.
A view of the Lehman Brothers' headquarters.
Wikimedia Commons

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Segments From This Episode

The Consumer Financial Protection Bureau has adopted a new rule that will allow consumers to sue financial institutions in class-action lawsuits. On today’s show, we’ll look at the route you’ve typically had to take in the event that you had a financial dispute, and what industries this new rule will apply to. Afterwards, ProPublica’s Jesse Eisinger joins us to discuss why it’s difficult to indict corporations. 

07/11/2017: How ‘Too Big to Fail’ became a thing