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Mark A. Calabria explains the incentives built into the regulatory system that governs investments here in America.
Mark A. Calabria joins Aaron and Trevor for a discussion on banking regulations in the United States. Calabria gives a short history of banking regulation and explains the incentives built into the regulatory system that governs banking and investments here in America.
Why are people so angry at "Wall Street" all the time? What exactly is Wall Street, anyway?
Mark A. Calabria, is director of financial regulation studies at the Cato Institute. Before joining Cato in 2009, he spent six years as a member of the senior professional staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs.