Anat Admati Asks If We Can Fix What's Wrong With Banking

Stanford University economist Anat Admati, author of The Bankers' New Clothes, argues that the roots of the 2008 financial crisis lie in the excessive debt the banking industry takes on. But the reforms that have been put in place over the past few years are woefully inadequate. If we can regulate the amount of money banks borrow, we might be able to prevent the next crisis.