The financial industry has brought the nation’s economy to its knees—again. In this episode of the Journal, Bill Moyers is joined by William K. Black, a forthright senior regulator during the notorious S&L scandal and a professor of economics and law at the University of Missouri, who spells out what went wrong this time and skewers the bailout as a cover-up of an underlying moral crisis within the financial system. Afterward, Moyers talks with Izzy Award-winning alternative journalism heavyweights Glenn Greenwald and Amy Goodman about the pros and cons of independent media and the limits of what can be addressed by the mainstream media. Broadcast date: April 3, 2009. (57 minutes)
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