Banking and the Financial Crisis: Democratic Perspective’s co-hosts, Mike Cosentino and Steve Williamson, interview one of our own. Chuck Williamson, Steve’s brother, and retired Chief Investment Officer of First Interstate Bank (now part of Wells Fargo), offers some critical insights into banking and the financial services industry. What do investment banks and bank holding companies do, what part did they play in our current financial crisis, and what role should the government play in regulating their operations in the future?
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