Bill Moyers Journal: Simon Johnson and Michael Perino on Wall Street's Role in the Recession (DVD)
Product Description:
The Great Recession’s only viable comparison is to the granddaddy of all economic catastrophes, The Great Depression. In the aftermath of the Stock Market collapse of 1929, the United States Senate Committee on Banking, named after the committee’s chief counsel, Ferdinand Pecora, unleashed a series of hearings known as the Pecora Commission. The commission’s brief was to go after the root cause of avarice in the banking community, and to find out what factors in the financial sector led to the spectacular failure of the economy. Filmed in 2009, this episode of Bill Moyers Journal is joined by Legal scholar, and Pecora biographer, Simon Johnson along with former SEC advisor Michael Perino to discuss the need for another investigation into the financial sector in the aftermath of the public bailout of banks who were “to big to fail.”
Bill Moyers Journal: Simon Johnson and Michael Perino on Wall Street’s Role in the Recession (DVD)
- DVD
- ISBN: 978-1-60825-814-7
- Run Time: 56 Minutes
- Copyright Date: 2009
- CC
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