2008 Financial Crisis
“Understanding the 2008 Financial Crisis” was an event in the Council on Foreign Relations' Home Box Office (HBO) History Makers Series.
Former Treasury Secretary Henry Paulson and former Representative Barney Frank (D-MA) talked about the 2008 financial crisis and the ensuing 2010 Dodd-Frank financial regulations law. Among the subjects they discussed were the legality of the actions taken by those responsible for the crash, how the concept “too big to fail” was addressed in the Dodd-Frank law, and the law’s Volckler rule, which would restrict U.S. banks from making certain kinds of speculative investments that do not benefit their customers. They also answered questions from audience members.
People in this video
Barney Frank U.S. Representative (Former) [D] Massachusetts
Henry M. Paulson Jr. Secretary (Former) Department of the Treasury
David M. Wessel Editor Wall Street Journal->Economics
- Council on Foreign RelationsCouncil on Foreign Relations
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