Investors worry that the problems at a handful of American banks could ripple across the world economy and unexpected surprises may be lurking. But this is not 2008. Regulations in the US and Europe are much stronger today than they were 15 years ago.
Takeouts: Health care reform, seized assets on sale, princesses
Some of the country’s largest banks are reporting positive earnings. For some perspective on what this means, The Takeaway is joined by James Surowiecki who writes The Balance Sheet blog and is a business columnist for The New Yorker.
