Book Forum 

# *Too Big To Save? How to Fix The U.S. Financial System*

(Wiley, 2009)

##### Watch the Event 

Download:

[ 

Video 

](https://fastly-unsigned-us-east-1-prod.brightcovecdn.com/media/v1/pmp4/static/clear/6039378657001/d19c2e3c-7306-4051-96d2-b8f54edf992a/54cfb1b8-afba-4f89-acb9-ceca0da0eb77/main.mp4) 

[ 

Video 

](https://cdn.cato.org/archive-2009/cbf-11-12-09.mp4) 

[ 

Audio 

](https://cdn.cato.org/archive-2009/cbfa-11-12-09.mp3) 

Join the conversation on X using [\#CatoEvents](https://x.com/hashtag/CatoEvents). Follow [@CatoInstitute](https://x.com/catoinstitute) on X to get future event updates, live streams, and videos from the Cato Institute.

Date and Time 

November 12, 2009 1:30 - 2:45 PM EST 

Location 

Auditorium/Wintergarden 

Share This Event 

##### Featuring 

Featuring the author, **Robert Pozen**, Chairman, MFS Investment Management; with comments by **Kenneth E. Bentsen Jr.**, Executive Vice President, Public Policy and Advocacy Securities Industry and Financial Markets Association; and **Phillip Swagel**, Professor, McDonough School of Business, Georgetown University. Moderated by **Mark Calabria**, Director, Financial Regulation Studies, Cato Institute. 

[[![Too Big To Save? How to Fix The U.S. Financial System](/sites/cato.org/files/styles/optimized/public/download-remote-images/www.cato.org/90833425699/too-big-to-save_130.jpg?itok=YzNYxYmX)](/sites/cato.org/files/download-remote-images/www.cato.org/90833425699/too-big-to-save_130.jpg)](http://www.amazon.com/dp/0470499052/?tag=catoinstitute-20) 
[Purchase at Amazon](http://www.amazon.com/dp/0470499052/?tag=catoinstitute-20)

Mortgage defaults, together with excessive debt and ineffective regulation, ultimately led to a major financial crisis in the United States. But how exactly did a steep drop in U.S. housing prices result in a severe financial crisis throughout the world? How did actions of the U.S. government impact the crisis? And what actions should be taken to resolve this financial crisis and help prevent others from happening? In *[Too Big To Save?](http://www.amazon.com/dp/0470499052/?tag=catoinstitute-20)* Robert Pozen, former vice chairman of Fidelity Investments and current lecturer at the Harvard Business School, takes on these questions and others.

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/).