Are We Safer 8 Years After the Financial Crisis and Collapse of Lehman Brothers?

Harvard University Professor Hal Scott doesn't think financial markets are safer eight years after the 2008 financial crisis.
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Harvard University Professor Hal Scott doesn't think financial markets are safer eight years after the 2008 financial crisis. He said the government has a limited ability to bail out banks, something that saved the financial system from further turmoil in 2008. He also comments on the effectiveness of the extra capital banks are required to hold. TheStreet's Scott Gamm reports from Wall Street.