Elizabeth Warren

Raghuram Rajan Speaks at 2009 Homer Jones Lecture - St. Louis Fed Financial institutions considered "too big to fail" could be asked to develop a bankruptcy contingency plan that would lay out how they would resolve themselves quickly.…

Below you can watch a video clip of Congressional Oversight Chairperson Elizabeth Warren's introductory remarks at a hearing today on Capitol Hill. Afterward, Treasury Secretary Tim Geithner responds in a 10-minute open statement.

Marc Faber thinks it would better to nationalize the banks rather than bail them out. In his view, we are seeing special interests feeding at the trough.