FRONTLINE – Money, Power & Wall Street

Felt compelled to post this. (It’s 5:45 PST)
Two Part series; four episodes. This started at 2am this morning (5-6) on my local PBS channel. Staggering is an understatement. This series finally addresses the Glass-Steagall Act, but instead of reinstating it, a substitute for it was crafted. (and acknowledged to have many loopholes that Wall St. could easily evade)

 

Address – (saw the “tech difficulties” note)  http://www.pbs.org/wgbh/pages/frontline/money-power-wall-street/

FRONTLINE tells the inside story of the global financial crisis.

http://www-tc.pbs.org/video/media/swf/PBSPlayer.swf

Watch Money, Power and Wall Street: Part One on PBS. See more from FRONTLINE.

http://www-tc.pbs.org/video/media/swf/PBSPlayer.swf

Watch Money, Power and Wall Street: Part Two on PBS. See more from FRONTLINE.

http://www-tc.pbs.org/video/media/swf/PBSPlayer.swf

Watch Money, Power and Wall Street: Part Three on PBS. See more from FRONTLINE.

http://www-tc.pbs.org/video/media/swf/PBSPlayer.swf

Watch Money, Power and Wall Street: Part Four on PBS. See more from FRONTLINE.

Encore: How Big Banks Are Rewriting the Rules of Our Economy

March 16, 2012

Bill Moyers talks with former Citigroup chairman John Reed and former Senator Byron Dorgan to explore how our political and financial class shift economic benefits to the very top.

http://vimeo.com/moogaloop.swf?clip_id=38552090&server=vimeo.com&show_title=0&show_byline=0&show_portrait=0&color=00adef&fullscreen=1&autoplay=0&loop=0

Big banks are rewriting the rules of our economy to the exclusive benefit of their own bottom line. But how did our political and financial class shift the benefits of the economy to the very top, while saddling us with greater debt and tearing new holes in the safety net? This weekend, on an encore episode of Moyers & Company, Bill Moyers talks with former Citigroup Chairman John Reed and former Senator Byron Dorgan to explore a momentous instance: how the mid-90’s merger of Citicorp and Travelers Group — and a friendly Presidential pen — brought down the Glass-Steagall Act, a crucial firewall between banks and investment firms which had protected consumers from financial calamity since the aftermath of the Great Depression. In effect, says Moyers, they put the watchdog to sleep.

Encore: How Big Banks Are Rewriting the Rules of Our Economy from BillMoyers.com on Vimeo.