Audio Mises Wire

Home | Mises Library | Thanks to Bailouts, Wall Street Banks Are More Fragile than Ever

Thanks to Bailouts, Wall Street Banks Are More Fragile than Ever

Audio Mises Wire
11/15/2021Doug French

After the Lehman collapse, Wall Street learned nothing. In fact, Wall Street instead embraced Too Big to Fail which means the financial sector is more dependent on government than ever before. 

Original Article: "Thanks to Bailouts, Wall Street Banks Are More Fragile than Ever​"

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Author:

Doug French

Douglas French is President Emeritus of the Mises Institute, author of Early Speculative Bubbles & Increases in the Money Supply, and author of Walk Away: The Rise and Fall of the Home-Ownership Myth. He received his master's degree in economics from UNLV, studying under both Professor Murray Rothbard and Professor Hans-Hermann Hoppe.

Original Article: 
Thanks to Bailouts, Wall Street Banks Are More Fragile than Ever
Shield icon audio