Don’t let misconceptions, nostalgia guide U.S. banking policy

Published April 13, 2015 9:00am ET



In a recent televised interview, investor Warren Buffett said of America’s biggest banks: “Our banks are not as large, relative to the economy, remotely as in many other countries, and our banks are in better shape than much of the rest of the world’s. I think the present banking system is a pretty damn good system for the United States.”

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