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The Failure of Financial Regulation

Anat Admati, author of The Bankers’ New Clothes: Whats Wrong with Banking and What to Do about It, talks about how to fix our broken banking sector. Admati debunks many of the myths and misunderstandings that plague the debate on financial reform and makes the case for how we can make finance work for the rest of the economy, rather than the other way around. In this interview, she discusses why current regulation fails and why the financial sector urgently needs to change.

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