Moyers & Company: How Big Banks Are Rewriting the Rules of Our Economy (Encore)
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 broadcast 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. Now, John Reed regrets his role in the affair, and says lifting the Glass Steagall protections was a mistake.
Like Moyers & Company? Donate to KCET and choose a Moyers & Company-related book, CD or DVD as a thank you gift.
Choose a gift
What's my channel?
Type in your five digit zip code to find KCET on your local cable box.
Bill Moyers hosts a weekly hour of compelling and vital conversation about life and the state of American democracy, featuring some of the best thinkers of our time.
Visit the show page
KCET donors are eligible for a range of thank you gifts and benefits--from books, CDs and DVDs of your favorite performers and speakers to concert tickets and frequent flyer miles.
Donate
