Experience Stern | News & Events

Excerpt from the Associated Press -- "'The common thread with the bank failures in the 2007-2008 crisis was these banks were weakly capitalized, not that they had both investment bank and commercial bank operations,' said Kim Schoenholtz, an economics professor at the New York University Stern School of Business. 'The goal of the people who want to bring back Glass-Steagall is to make the system safer. But this is just a bad idea.'"

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