Epiphanyblog

All about ideas…

How Wall St games the system…and the public loses

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I’m a big fan of Simon Johnson and James Kwak, co-creators of Baseline Scenerio and authors of 13 Bankers, Wall Street Takeover and the Next Financial Meltdown. Thanks to them and few of their financially-savvy blogger friends, I’ve learned how the financial collapse occurred, an analysis of the current financial regulations, and what more needs to be done to make our financial sector safer to prevent another meltdown.

Speaking with Bill Moyers, they explain why indisputable regulations are necessary and how Wall St has grown even larger, threatening not only the world economy but our very political system.

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Part 2 of the interview:

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more about "Bill Moyers Journal: Simon Johnson an…", posted with vodpod

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