Do Banks Stabilize or Spread Crisis
Clip: Richard Fisher contests the claim that the banks stabilized the financial crisis a position taken by Paul Saltzman who cites big banks that absorbed smaller failing institutions.
Let the Market Enforce a Breakup of the Banks
Clip: Richard Fisher and Simon Johnson argue that with the right rules set up by government market forces will break up the big banks so that they are not at risk of needing bailouts from taxpayers.
Can Large Banks Be Successfully Resolved Under Current Law?
Douglas Elliott and Paul Saltzman argue that current law can successfully resolve banks deemed 'too big to fail' while Richard Fisher and Simon Johnson disagree and propose additional legal measures.