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Rogoff Talks to Charlie Rose about Financial Crises (video and transcript)

Ken RogoffKenneth Rogoff of Harvard University and author of This Time is Different: Eight Centuries of Financial Folly speaks with Charlie Rose about the current financial crisis, putting it in historical context.

Go to CharlieRose.com to watch the interview (search for Rogoff).

Read the transcript.

Says Rogoff: "I basically favor having what we call some version of narrow banks, where our deposits go into things like Treasury
bills and things which are very, very sound instead of more speculative activities, and to separate that out in some way."

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