Will Lawmakers Avert The Next Financial Collapse?
(Photo by Robin Holland)
In this week's JOURNAL, Bill Moyers spoke with veteran regulator William K. Black about the proposed new financial reform legislation and the systemic problems that led to the economic collapse in 2008.
Black expressed disappointment with President Obama's speech on financial regulation this week, and said that the pervasive influence of Wall Street money and ideology has created what he calls a "criminogenic" environment:
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