Monday, December 10, 2012

John Allison on Financial Crisis and Market Purity



John Allison recently spoke to AEI on December 6, 2012. I have a lot of respect for John Allison who actually was a CEO of a bank during the financial crisis which gives him more credibility to discuss the topic rather than someone who believes what should have happened. Allison did a great interview for the Kaizen where he discussed his career at BB&T and explains how he grew the company. Dr. Walter E. Williams also wrote a column about the recent book John Allison published called "The Financial Crisis and the Free Market Cure . I read the book myself and really had no idea how much the banking industry was regulated or how government policies really were one of the main causes of the financial crisis in 2008. Allison was not to long ago was named the President and CEO of the CATO Institute. Cheers for Mr. Allison and bringing some sanity in a world of insanity!

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