President Obama Reshapes the Financial System

Wednesday, June 17, 2009

The financial industry is getting a makeover. Today President Obama will lay out some of the most significant changes to the U.S. financial system since the Great Depression. For a look at some of the reforms we might see, The Takeaway talks to Peter Morici. He's an economist and professor at the University of Maryland's School of Business.

"If they're too big to fail, they're often too big to sell, even in their pieces."
— Economist Peter Morici on U.S. banks


Peter Morici

Hosted by:

Femi Oke


Noel King

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