Eliot Spitzer on Regulatory Reform (And His Own Future)

[BrklynLiberal]

GREAT interview on WNYC today...

banks corporations financial institutions regulations story of the day
Eliot Spitzer on Regulatory Reform (And His Own Future)
By Femi Oke, Katherine Lanpher
Guest: Eliot Spitzer
Thursday, June 18 2009

President Obama has proposed sweeping changes to the regulation of the country's financial system. But do these changes actually address the root causes of our financial crisis? For one view, we turn to Eliot Spitzer, former Attorney General and Governor of New York. When he was Attorney General he made a name for himself suing companies like AIG for deception, fraud and boosting the company’s stock price. He also discusses his personal feelings at having to watch the unfolding crisis as a bystander and not as political leader.

"Rearranging the deck chairs does not fundamentally alter the fact that the regulators had the power over the past few years."
— Eliot Spitzer on financial reform

http://www.thetakeaway.org/

[democracy1st]

1. thanks for posting i'll have to read his take

[BrklynLiberal]

2. He is sooo smart, and knows so much about the inside of the financial world.

Listening to him makes me feel even more sure that he was set up for the fall.

[democracy1st]

3. indeed back in the day they could have you easily knocked off,now its more about character

assasination

[HCE SuiGeneris]

4. Lots of methods for the morally defecient

to screw the citizenry.

[camera obscura]

5. Kick!

[BrklynLiberal]

6. one more kick