2017, the then Federal Reserve chief, Janet Yellen, expects no new financial crisis in our lifetimes. All of a sudden, where she said never going to see another financial crisis in our lifetime. I think things have improved, but then I think there are gigantic holes in the system, Yellen says. The former Fed chair cites leverage loans as an area of concern and says there remains an agenda of unfinished regulation.
0:00 Janet Yellen
2:14 Loans to Insiders
2:56 Fed Borrowing Large Amounts
5:13 Banking History
6:41 How Did We Get Here
The 2023 Banking Crisis Fuse Has Been Lit
Banks Keep the Profits & Stick Tax Payers with the Losses
The Wealth Transfer Set Up
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