Page 12 - Viers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

lend. colin barr, a senior writer. good to see pup thanks for being with us. thank you. is there anything that these world financial regulators can do orave done that p could actually prevent what happpenie two years ago from happening again? they re on the right track. saying you have to hold more money. not going to have another situation whereveryone levers up to the sky. right. that s important. the other thing is that the experience in 2008 was bad for everyone. even for the bankers who kept their bonuses. sure. people didn t like having their nobody wants this happening again. right. tell me has you mean when yoe say we talk about this generally but talk about not being so levered up, not having so much leverage. what does that mean? to my viers what does that all mean? all the banks borrowed so much money, easy to borrow, very cleep. everyone assumed there would never be another banking crisis or recession, some thought. some thought we, everything was

Colin barrLotfo moneySituation whereveryoneBanking crisis