Ex-Lehman banker says EU should crack down on big banks

Instead of addressing fundamental issues like the role of finance, politicians seem stuck in assuaging public anger, argues Sony Kapoor, manager of the international think-tank Re-Define, in an interview with EurActiv.

Re-Define Managing Director Sony Kapoor sat down with the Real News Network on one of his visits to Washington DC and gave a series of wide-ranging interviews on the difficulty of getting the right financial regulation, the extreme fragility of the economic recovery, the sheer scale of the problem of rising unemployment and stagnating wages, the problems of collective action faced by institutions and governments and a number of other topical issues including the question of what should be done with institutions such as Goldman Sachs. These can now be accessed in our Audio/Video resource section http://www.re-define.org/audiovideo.