The Bankers' New Clothes: An interview with Stanford's Anat Admati

New bank failures prove you were naive to believe banks were reformed after the Global Financial Crisis and that we’d never again have to choose between massive bailouts and financial system havoc.

On February 27 I took the train to Princeton to hear my friend Anat Admati talk about the new edition of her book, The Bankers’ New Clothes. Anat R. Admati is the George G.C. Parker Professor of Finance and Economics at Stanford Graduate School of Business (GSB) and a senior fellow at Stanford Institute for Economic Policy Research. She is also the Facu…