Posted inEconomy & Business, Government & Politics, Politics

Of course banks resist reform, MIT professor says

As the financial crisis drags on, Congress and the Obama administration are taking up regulatory reform of the banks at the center of the crisis. The San Francisco Public Press spoke with Simon Johnson, MIT professor of economics and former chief economist of the International Monetary Fund. Johnson, author of “13 Bankers: The Wall Street Takeover and the Next Financial Meltdown,” shared his views May 13 before the World Affairs Council.

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