Kaufman Music Center

Intelligence Squared
U.S. Debates: Break Up
the Big Banks

Wednesday, October 16, 2013  |  6:45pm


"Always intelligent and provocative as well as disciplined and civil."  - The Wall Street Journal

Richard Fisher, President and CEO, Federal Reserve Bank of Dallas
Simon Johnson, Professor of Entrepreneurship, MIT Sloan School of Management

Douglas Elliott, Fellow in Economic Studies, Brookings Institution
Paul Saltzman, President, The Clearing House Association

To prevent the collapse of the global financial system in 2008, Treasury committed 245 billion in taxpayer dollars to stabilize America’s banking institutions. Today, banks that were once “too big to fail” have only grown bigger, with JPMorgan Chase, Citigroup, Bank of America, Wells Fargo and Goldman Sachs holding assets equal to over 50% of the U.S. economy. Were size and complexity at the root of the financial crisis, or do calls to break up the big banks ignore real benefits that only economies of scale can pass on to customers and investors?

Merkin Concert Hall

Tel: 212 501 3330

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