Anat Admati exposes the flaws in the banking system that could trigger another financial collapse, and lays out a plan to fix it in her new book "The Bankers' New Clothes: What's Wrong with Banking and What to Do about It." Admati is the George G.C. Parker professor of finance and economics at the Stanford Graduate School of Business. She co-wrote the book with Martin Hellwig, an economics professor in Bonn, Germany.

What's the biggest problem with the banking industry? 0:22
What could happen if the big banks fail? 0:49
How can we fix the banking system? 1:14
Won't more regulation make it harder for banks to grow the economy? 2:00
Why should the public care about banking regulation? 2:22

Read an excerpt from The Bankers' New Clothes:

Learn more about professor Admati:

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