Degree Safer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And all of those people that talked about zombie banks and a lost decade in japan, they were wrong, wrong, wrong, and we were right, right, right, and we're never going to have another crisis again, end of story. >> i think there's a confusion between safer and safe. look, we're safer than we were in 2008 and we are safer, probably, than in europe and then severely undercapitalized banks. but we're still two undercapitalized, our banks are still opaque. there still hasn't been the necessary regulatory reform. they're 30% bigger now than they were going into the last crisis, which means they'll...

Still in place and perhaps even worse. it's not that we're safe, we're to some degree safer, but this sucker could go down again, from a shot in europe, from something here. we're still in a potentially very fragile system. >> and you've been interviewing people on wall street. you had this great retrospective of where dick fuld is, the head of lehman. they think we're safer. wall street has convinced itself. that is a representative view. >> and wall street is furious . i live in this weird universe where i'm split between washington, where people don't think these laws are strong enough, and...

Worse. it's not that we're safe, we're to some degree safer, but this sucker could go down again, from a shot in europe, from something here. we're still in a potentially very fragile system. >> and you've been interviewing people on wall street. you had this great retrospective of where dick fuld is, the head of lehman. they think we're safer. wall street has convinced itself. that is a representative view. >> and wall street is furious pip me. i live in this weird universe where i'm split between washington, where people don't think these laws are strong enough, and wall street, where they t...