“In late 2008, banking reform seemed like a certainty. Financial behemoths were teetering, the U.S. economy was entering a Great Recession, and the more we learned about the system, the more rotten it all looked. Only thoroughgoing reform, it was said, could prevent us from creating even more destructive bubbles. But today, almost five years later…  How did the banking system survive a global financial crisis of its own making and yet stay intact? And how dangerous do our large financial institutions remain to the global economy and American society?”

Stanford University economics and finance scholar Anat Admati, co-author of The Bankers’ New Clothes, discusses the current position of the banks and share ideas of what reform might look like.

Located in the Wilshire Courtyard Campus, kitty corner from the La Brea Tar Pits. Enter on Wilshire at Courtyard Place, one block east of Curson. Street parking available after 7 p.m.