During the Great Depression, the Pecora Commission relentlessly investigated the causes of America’s financial collapse. Now, in the midst of the current economic crisis, there is a rising clamor for “Pecora II.” In this edition of the Journal, Bill Moyers places the demand for a new commission in context with economist Simon Johnson, formerly of the International Monetary Fund, and legal scholar, Pecora biographer, and former SEC adviser Michael Perino. Broadcast date: April 24, 2009. (55 minutes)
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