fri apr 24/09 "BILL MOYERS: Welcome to the JOURNAL. Like thunderheads roiling on the horizon, the clamor has been building as more and more Americans want to know exactly what, and who, brought on the worst economic crisis since the great depression. What happened and how do we keep it from happening again? Congress has finally acknowledged the outcry and is supporting some 21st century version of the "Pecora hearings." " watch or read â another good one http://www.pbs.org/moyers/journal/04242009/watch.html a side tag: http://blogs.ubc.ca/ross/tag/simon-johnson/
Americans want to know exactly what, and who, brought on the worst economic crisis since the great depression. ----------------------------- Do they? Anyone who is up shit creek without a paddle knows exactly what happened to the paddle. The paddle being poor use of individual credit and they know it. Imo, most people should be concerned with jobs. When Halliburton moved HQ to Dubai hardly anyone shed a tear. Probably the largest % of American mock GM and could care less. Americans may want to know what caused the crisis as long as the finger doesn't put at us.
Superb interview. Very interesting times. They'll be one huge difference. Only one financier did serious prison time. This time, they'll be many, many more. It's already started with the Bear hedge fund guys. But watch the names you see this time.