Simon Johnson, co-author (with James Kwak) of 13 Bankers appeared this week on Yahoo!’s Tech Ticker, discussing taxpayer bank subsidies and how they may encourage banks to take more risks–in turn, building a bubble for future financial crises. On Friday, Johnson will also appear Friday on The Wall Street Journal Report with Maria Bartiromo.
13 Bankers, Johnson and Kwak’s discussion of the banking industry and its resistance to regulation, is available now in paperback. Click here to read an excerpt, and click here to purchase a copy. For more from Johnson and Kwak, visit The Baseline Scenario.