Joel Greenblatt on Relative Value Investing (Podcast)
Masters in Business
00:00
Is This Too Big to Fail?
A new class of preferred shares would be tax-free to investors and deductible for banks. The idea is that the investing public could step in as a backstop during financial crises. "This solves too big to fail because even if there's a major crisis, it doesn't wipe them out," says Fed Chairman Jerome Powell.
Play episode from 21:07
Transcript
