Charles Calomiris of Columbia University talks with EconTalk host Russ Roberts about corporate debt, capital requirements, and financial regulation. This is an in-depth conversation about how debt works on a firm's balance sheet and the risks that debt vs. equity pose for the survival of the firm. Calomiris applies these insights to financial regulation--how it works in practice and the firm's choices in responding to various interventions including bailouts and capital requirements. The conversation closes with a discussion of some of the government interventions in the financial crisis.
📆 2012-02-27 07:30 / ⌛ 01:03:24
📆 2012-02-20 07:30 / ⌛ 01:11:49
📆 2012-02-13 07:30 / ⌛ 01:10:50
📆 2012-02-06 07:30 / ⌛ 01:22:27
📆 2012-01-30 07:30 / ⌛ 01:01:37