How did Big Finance grow so powerful that its recklessness could nearly bring down the global economy? And what hope is there for genuine reform when Washington politicians are essentially on Wall Street’s payroll? In this edition of the Journal, Bill Moyers talks these questions over with Simon Johnson and James Kwak, two of the nation’s most respected economic experts and coauthors of the book 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown. Also included is an essay that puts the huge taxpayer burden of U.S. involvement in Afghanistan and Iraq into painful perspective: for little Binghamton, New York, alone, an amount totaling more than 130 million dollars—so far. Broadcast date: April 16, 2010. (57 minutes)
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