Gabelli Radio

http://www.Gabelli.com  Invest with Us 1-800-GABELLI (800-422-3554)   Maximilian Caldwell, Vice President of Finance at GAMCO Investors, discusses the impact that accounting rules have had on the current challenges in the banking industry. The current accounting rules have roots going back to the Savings and Loan crisis in the 1980s, where there was a similar rise in inflation and interest rates, which caused stress in the banking system.