Sunday, January 29, 2012
Byron Dorgan on Making Banks Play by the Rules | Truthout
Byron Dorgan on Making Banks Play by the Rules Truthout: Bill Moyers talks with former Senator Byron Dorgan about making sure big banks play by rules that protect consumers from financial calamity, and how those big banks continue to leverage power and influence to avoid responsibility while maximizing profits. Dorgan was a nearly-lone voice in Congress in 1999 when he predicted economic calamity following a repeal of the Glass-Steagall Act and its protective measures. But given the economic meltdown nearly 10 years later, it turned out to be one of the most prescient speeches in American political history.?
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