Banking’s ‘Toxic Cocktail’ Is Too Big to Forget: Simon Johnson

As a senator from Delaware in 2009-10, Ted Kaufman fought long and hard against the systemic dangers posed by large, highly leveraged U.S. banks. When he left the Senate, at the end of the last Congress, there were some who supposed that his arguments would now get less attention at least from mainstream thinking.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.