Big Banks have become so big, they hold us hostage.
We have to break them up.
Allowing them a repeat performance, could drive unemployment to 20%.
| Simon Johnson is a former chief economist at the International Monetary Fund. He now teaches at MIT's Sloan School of Management and is a Senior Fellow at the Peterson Institute for International Economics. |
James Kwak is studying law at Yale Law
School. He was a management consultant at McKinsey & Company, and co-founded a successful software company. |
|
Big Banks have become so big, they hold us hostage. We have to break them up. Allowing them a repeat performance, could drive unemployment to 20%. |
Published in 2010
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