Ken Moelis to Policymakers: Less is More
How about a strong case for government to do nothing? Ken Moelis, founder of Moelis & Co. speaks in a 17-minute interview with Chrystia Freeland, US managing editor of the Financial Times, essentially about there being “no fix.”
The conversation grazes across the issues of the moment–recession, deflation, the US government’s response, the stimulus and the banking system bailouts–and comes back on each topic to accountability and the need for “the rules” that make the system strong when their enforced.
Reality strikes, but there’s encouragement here too.
March 1, 2009 | Filed Under Financial Crisis
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