After viewing the video regarding reforming financial regulation, answer the following questions: ( Video on Youtube: Financial Regulation Shouldnt Be HardHeres What We Need to Make It Work)

1. What does Dr. Amati's mean when she says that "Banks don't want a safe financial system?"
2. Given the "opaque" nature of banks' balance sheets and funding requirements, do you think that another financial crisis could occur?
3. What does Dr. Amati mean by her statement, "We need to find better ways to subsidize small businesses and individuals than by throwing cheap money at the banks"?