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Showing videos filed under: finance
Diana Henriques: Bernie Madoff's Deadly Sins
May 6, 2011Bernie Madoff, the infamous Wall Street Ponzi schemer who became one of the villains of the economic crisis, played on his clients' fear, not their greed. So says Diana Henriques, author of the new book Wizard of Lies. Having twice interviewed Madoff in prison, Diana notes that his personal charisma combined with Wall Street's lax regulations to create a perfect storm that wiped out his clients' wealth.Heather McGhee, Diana Henriques, and Tom Morello
May 5, 2011"Saying when the economy is at its weakest we're going to put into law that we can't spend more to pick ourselves up...that's a depression-maker," says Heather McGhee of Demos. But despite warnings from economists from all over, the government in Washington, Democrats and Republicans both, remain obsessed with the deficit.Ben Jealous: One Struggle for Human Rights
April 7, 2011"We intend in this moment when diversity is increasing and prosperity is decreasing, to ensure that our country makes the right choice. There are indeed two choices. One choice is that you attack diversity and you distract people from the economy. Some folks have made that choice. The other is that you embrace diversity and you attack poverty," says Ben Jealous, president of the NAACP.Crisis in Japan, Heather McGhee, and Ben Jealous
April 6, 2011The news today from Japan is that the leak at the Fukushima Daichii nuclear power plant has been stopped but the crisis is far from over. Radiation levels remain high even outside the evacuation zone, contaminated fish are turning up, and the government seems to be insisting on business as usual, according to Aileen Mioko Smith.Justice on Trial, Microlending, and John Boehner's Tears
January 7, 2011"The new face of American racism is in the prison system," says Johanna Fernandez, producer of the film Justice On Trial, about Mumia Abu-Jamal and the American justice system. Adds reporter Linn Washington, "The issue is not hiding what has been hidden in plain sight. The issue is doing something about it."Marcy Wheeler: Making a Mess of Justice, Finance, and More
November 19, 2010"You can't just have homeowners pay for the mess that the banks have made; not just of our finance system, it's becoming clear that they've made a mess of our private property system in this country," says Marcy Wheeler, who's been blogging the House and Senate hearings on the foreclosure crisis at her FireDogLake blog, and joins us via Skype to discuss the situation.Marcy Wheeler, Douglas Rushkoff, and GM Stock for Sale
November 18, 2010"You can't just have homeowners pay for the mess that the banks have made; not just of our finance system, it's becoming clear that they've made a mess of our private property system in this country," says Marcy Wheeler, who's been blogging the House and Senate hearings on the foreclosure crisis at her FireDogLake blog, and joins us via Skype to discuss the situation.Chris Hedges: The Death of the Liberal Class
November 13, 2010"We have a choice," says Pulitzer Prize-winning journalist and author Chris Hedges. "You can either be complicit in your own enslavement or you can lead a life that has some kind of integrity and meaning." Hedges argues for moral responsibility in a world bankrupt of it, and discusses the downfall of what he refers to as the liberal class in his newest book. From World War I to the present, he traces the rise and fall of liberal values, and paints a grim portrait of the future.Chris Hedges, (Astro)Turf Wars and Chloe Angyal
November 12, 2010"We have a choice," says Pulitzer Prize-winning journalist and author Chris Hedges. "You can either be complicit in your own enslavement or you can lead a life that has some kind of integrity and meaning." Hedges argues for moral responsibility in a world bankrupt of it, and discusses the downfall of what he refers to as the liberal class in his newest book. From World War I to the present, he traces the rise and fall of liberal values, and paints a grim portrait of the future.Robert Scheer, Austerity in Europe, and Nestor Kirchner
October 28, 2010Barack Obama hit the Daily Show on Wednesday night, and made the unfortunate comment that Larry Summers had done a "heckuva job" running the economy. Robert Scheer of Truthdig notes that Summers was the chief architect of Clinton-era policies that created the economic crisis in the first place, and that Obama's appointment of him to get us out of it was never going to result in anything but more money being thrown at Wall Street.
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