This week is part one of Drew's interview with Dr. Calomiris, a world-renowned banking and financial expert who has testified before Congress as an expert in financial matters. He is a preeminent expert on the Financial Crisis of 2008/09 and a professor emeritus of Columbia University. Discussing his book "Fragile by Design," Charles walks us through the history of banking crises in the United Kingdom, United States, Canada and elsewhere. Drew and Charles first lay the foundation of banking history so that our listeners have a deeper context of the inherent fragility of banking before delving into the Financial Crisis which will be posted next week.
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