# Prof. Jennifer Carpenter discusses China's introduction of deposit insurance

1 Faculty News April 30, 2015 ![Marketplace Logo](/sites/default/files/styles/246w/public/assets/images/marketplace_logo.jpg?itok=IIav3Udj)>

Excerpt from [Marketplace](http://www.marketplace.org/topics/business/chinas-new-deposit-insurance-about-systemic-change) -- "'When investors think all this stuff is implicitly guaranteed, nobody’s doing credit analysis, nobody’s kicking the tires,' says [Jennifer Carpenter](http://w4.stern.nyu.edu/faculty/bio/jennifer-carpenter), associate professor at NYU's Stern School of Business... 'The role of deposit insurance is actually to tell people what’s not insured,' says Carpenter."

[Read more](http://www.marketplace.org/topics/business/chinas-new-deposit-insurance-about-systemic-change)