"America used its spare tire to prevent a collapse of the banking system and to stimulate the economy after the subprime market crash. The European Union used its spare tire on its own economic stimulus and then to prevent a run on European banks triggered by the meltdown in Greece. This all better work, because we’re not only living in a world without any more spares but also in a world without distance. Nations are more tightly integrated than ever before. We’re driving bumper to bumper with every other major economy today, so misbehavior or mistakes anywhere can cause a global pileup."
--Thomas L. Friedman
Transcript: MiB: Stephen Cohen, BlackRock’s Chief Product Officer and Head
of Global Product Solutions
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The transcript from this week’s, MiB: Stephen Cohen, BlackRock’s Chief
Product Officer and Head of Global Product Solutions, is below. You can
stream...
4 hours ago

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