The Former Fed Banker Who Apologized for Role in QE

The transcript discusses the speaker's experience with the Federal Reserve and the challenges faced by regulators before and after the 2008 financial crisis. It highlights issues of regulatory capture, where regulators became too reliant on banks, leading to a lack of effective oversight. The speaker suggests breaking up large banks to prevent future crises and reflects on their own role in quantitative easing, expressing regret for not addressing regulatory capture sooner.

What does the speaker believe is necessary to address the issues with 'too big to fail' banks?

How did the speaker's career path reflect their views on the Fed and regulatory practices?

What changes did the speaker express disappointment about not being made after the financial crisis?