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We Need to Solve Too Big to Fail

Professor Steve Kaplan thinks the government must create a framework that would allow large financial institutions to fail without seizing up the markets.

Jeremy Glaser: I'm Jeremy Glaser with I'm here at the 2010 University of Chicago Booth School of Business Management Conference. Joining me today is Steve Kaplan, a professor at Chicago Booth, to talk a little bit about the future of financial regulation and maybe some potential causes of the financial crisis that may not have had as big of a role as people may believe.

Steve, thanks for joining me today.