Simon Johnson Warns of Coming Financial Crisis if Policymakers Don't Reign in 'Too Big to Fail' Banks

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Simon Johnson--Professor of Entrepreneurship and Global Economics and Management at MIT's Sloan School of Management, and former chief economist at the IMF--is not bullish on efforts by US policymakers to shore up the financial sector.  In this interview with Steve Sherretta of Knowledge@Wharton, Johnson repeats some of his arguments from his book, 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown.  In short, Johnson warns us that a new, big financial crisis is coming.  But first, we are likely to see a "meta-boom."  


Posted 10-14-2010 12:48 AM by Graham Griffith
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