Boston University professor Laurence Kotlikoff and John C. Goodman propose a novel solution to...

|By:, SA News Editor

Boston University professor Laurence Kotlikoff and John C. Goodman propose a novel solution to the financial-sector crisis: Limit banks to banking. "They would never, themselves, own financial assets. Thus, they would never be in a position to fail because of ill-advised financial bets. No-risk banking? Exactly."