What does Dr. Admati think is the problem with the current banking industry?

Please read the article When She Talks, Banks Shudder. You may pull the article up at: http://mobile.nytimes.com/2014/08/10/business/when-she-talks-banks-shudder.html?_r=0&referrer.

Now watched a joining Ted Talks interview that can be found at: https://tedx.stanford.edu/2014/anat-admati.

Please provide a summary of Dr. Admatis argument. In your summary please answer the following questions: What does Dr. Admati think is the problem with the current banking industry? What could happen if one of the big banks fail? What is Dr. Admatis solution to the banking systems problem? What about the argument that regulations might make it harder for banks to grow the economy? Why should we (the public) care about banking regulations? Please explain how the story of The Emperors New Clothes relates to the topic. Your discussion can include graphics similar to those shown in Dr. Admatis presentation if you feel it would better help you talk about the information. (Do not take screen shots from the video and use them in the assignment and please quote anything taken directly out of the video or article.)

Finally, take a look at your BHC. How much capital does your BHC have? You do not have to collect any additional information, you collected the information in the peer group comparisons spreadsheet for Assignment #2. How does your BHC compare to the peer group? Do you think that your BHC needs to increase capital? How would an increase in capital of 30% potentially affect your BHC?

The BHC is American Express.
Please answer all the questions in the paper. I will upload my assignment 2, you can find the BHC information from assignment 2.