Archive for May, 2012

Chicago Fed Panel: Increased Capital Will Not Save The U.S. Banking System

Tuesday, May 15th, 2012

Following Ben Bernanke’s address on The State of the Banking System, at the 48th Annual Conference on Bank Structure and Competition in Chicago last week, I had the honor and the privilege to speak about on a dynamic panel and discuss Bank Capital. During the panel, “Bank Capital – How Much is Enough?”, I argued that increased capital is not the answer for banks.  

You can read more of my thoughts on the topic in my latest Forbes post by clicking here.

After the Conference, I was asked to discuss this topic as well as the recent JP Morgan news on CNBC’s Street Signs along with former Governor Elliot Spitzer.  You can watch the full interview below.

As always, I look forward to hearing your thoughts…