Great Interview about the economy

FiveB247xFiveB247x Posts: 2,330
edited April 2009 in A Moving Train
The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Moyers sits down with William K. Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of what went wrong and his critique of the bailout.

http://www.pbs.org/moyers/journal/04032009/watch.html
CONservative governMENt

Our government is the potent, the omnipresent teacher. For good or for ill, it teaches the whole people by its example. Crime is contagious. If the government becomes a law-breaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy. - Louis Brandeis
Post edited by Unknown User on

Comments

  • Watched it last week, it's brilliant. His explanation is as good as i've seen to date. Great insight on ratings agencies as well.

    thanks for posting :)
  • FiveB247xFiveB247x Posts: 2,330
    I absolutley agree!
    CONservative governMENt

    Our government is the potent, the omnipresent teacher. For good or for ill, it teaches the whole people by its example. Crime is contagious. If the government becomes a law-breaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy. - Louis Brandeis
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