Warren Calls Implicit U.S. Guarantee `Very Expensive': Video
221 views · Published 23 March 2012 · 3:33 · Indexed 1 October 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Jan. 14 (Bloomberg) -- Elizabeth Warren, the chairwoman of the congressional panel that oversees the $700 billion financial industry rescue and a Harvard law professor, talks with Bloomberg's Betty Liu about the U.S. government's implicit guarantee of large financial institutions.
Warren, speaking from Washington, says the implicit guarantee is "very expensive" because it misdirects capital flows. (Source: Bloomberg)
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