Financial services: Prospects for your future

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In a lively discussion with Simon Johnson, Lawrence Fish deconstructs the near collapse of the banking system and points out the multiple factors that have contributed to the financial crisis.

Topics in the discussion include the banks that did not fail, how Canadian and other countries’ banking systems also did not fail, the political landscape of banking regulation, ethics, bonuses in the banking industry and the ethics oath signed by 50% of the students at the Harvard Business School.

This is a must-view video clip, but be warned that it runs for 53 minutes.

Source: MIT World, September 24, 2009 (hat tip: Infectious Greed).

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