Kai Risdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
Think back with me now, if you would, to the Great Recession, the subprime mortgage crisis, the bank failures, and then the very long and very slow recovery.
James Van Geelen is founder and CEO of Citrini Research.
James Van Geelen is founder and CEO of Citrini Research.
Orderly failure is fine.
Orderly failure is fine.
Disorderly failure, definitely not fine.
Disorderly failure, definitely not fine.
The government tried to limit disorderly failure back in 2008.
The government tried to limit disorderly failure back in 2008.
It spent hundreds of billions of dollars to bail out the big banks, got all of that money back, I do have to point out.
It spent hundreds of billions of dollars to bail out the big banks, got all of that money back, I do have to point out.
It took over Fannie Mae and Freddie Mac.
It took over Fannie Mae and Freddie Mac.
It tightened up banking regulations, too.
It tightened up banking regulations, too.
But why are we talking about this today?
But why are we talking about this today?
We're talking about it because there is a slice of this economy that a simple Google search will tell you is making too big to fail popular again.
We're talking about it because there is a slice of this economy that a simple Google search will tell you is making too big to fail popular again.
Artificial intelligence.