Senator Elizabeth Warren Interview on Conan part 2

Senator Warren wants big banks to follow the same rules and regulations as ordinary citizens.

Transcript
CONAN: I studied history and literature
and never studied economics.
But in 2008, we have this
terrible collapse and everyone
said it was because it was too
big to fail.
All these banks are too big to
fail and general sense I think
among everybody especially
layman like me who thought this
problem will now be addressed.
Here we are 2015, some of those
banks are 30% bigger than they
were in 2008, which makes no
sense.
I fundamentally don't understand
why we failed.
No one went to prison.
No one was indicted and not only
that, we're not even at the
point we were in 2008 where some
of these banks as I said 30%
larger.

ELIZABETH WARREN: That's exactly right.
This is a big part what I talk
about in the book.
This is just an example of how
the game is rigged.
That when the big financial
institutions got into trouble
and the bill was passed to
provide all this money to help
out in the middle of this
crisis, the treasury couldn't
shovel the money fast enough
into the handful of biggest
financial institutions in this
country.
Conan: Trillions.


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