Barney Frank: Financial System Safer Five Years After Crisis

Five years after the worst financial crisis since the Great Depression, former U.S. congressman Barney Frank feels the risks of another calamitous bank failure that could throw the global economy into a downward spiral have diminished. However, although Frank insists the risks have been greatly reduced and that “the economy is better off than it was five years ago for almost everybody,” economists say the U.S. recovery remains mixed.
Expectations of a quick turnaround were …

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