doing his first interview since becoming a writer at large for new york magazine. his first article entitled obama s original sin was published online sunday. congratulations on your new gig. thanks, thank you for having me. you re wearing it well. in terms of the financial crisis, what options do you think president obama had that he did not take? well, the biggest thing is no one has been prosecutored. the justice department started operation broken trust but has gone chasing after mini-madoffs. regulation has fallen by the wayside, not only is the bill weak, but now it s being besieged by lobbyist, and lobbying democrats and republicans, so the rule maiking isn t happening. elizabeth warren, the consumer protection bureau, never fought for it, so he s sort of been too
me. you re wearing it well. in terms of the financial crisis, what options do you think president obama had that he did not take? well, the biggest thing is no one has been prosecuted. the justice department started operation broken trust but has gone chasing after mini-madoffs. regulation has fallen by the wayside, not only is the bill weak, but now it s being besieged by lobbyists, and lobbying democrats and republicans, so the rule making isn t happening. elizabeth warren, the consumer protection bureau, never fought for it, so he s sort of been to passive, i think, over the cloud that hangs over the country and has the affect of making the unemployment situation plisksically worse too because it s not clear he s on the side of the people who suffered most over the last three or four years. on those personnel and individual issues, on
his first article entitled obama s original sin was published online sunday. congratulations on your new gig. thanks, thank you for having me. you re wearing it well. in terms of the financial crisis, what options do you think president obama had that he did not take? well, the biggest thing is no one has been prosecutored. the justice department started operation broken trust but has gone chasing after mini-madoffs. regulation has fallen by the wayside, not only is the bill weak, but now it s being besieged by lobbyist, and lobbying democrats and republicans, so the rule maiking isn t happening. elizabeth warren, the consumer protection bureau, never fought for it, so he s sort of been to passive, i think, over the cloud that hangs over the country and has the affect of making the unemployment situation