And misdirection and deception to avoid the sort of regulation and oversight that would have done much to avert the financial crisis of a few years ago. And it would keep the same thing from happening again in the future. So, on my left, though it is hard to be to my left too much [laughter] as someone of you who have read my columns may know is noami presence and her book came out tuesday. She is a former wall street executive who was written for many publications in the united states. And her book examines the relationships between banks and bankers on one hand and on National Government and going back to the sevecenturies and bringing it to present day. On my right is the coauthor and she talks about what is wrong with banking and what to do about it. And that is georgia parker, professor at stanfords graduate schools of business. And he is one of the most analyst of the Banking Sector we have. Her book shines a spotlight on how the banks avoided what could have been the most effect
In bed with wall street. This week nomi rins, all the president s bankers. And at the former wall street executives explicit multigenerational relationships to the political worlds that are the basis of power and influence in the u. S. The program is about an hour. Host welcome. I am pleased to have a wall street insider and renowned journalist, author and speaker, nomi prins at chase manhattan bank, lehman brothers, bear stearns, director of Goldman Sachs with a distinguished career on wall street has only distinguished herself further by sharing her expertise by the written and spoken words. Widely sought after by the outlets shes written a number of acclaimed works including other peoples money it takes a pillage and black tuesday. She joins me to discuss the most recent work all of the president s bankers they had their alliances that drives american power. Welcome and congratulations on such a study of this book as we take a look into washington, wall street and the families that
Takes a pillaging black tuesday. She joins me today to discuss all the president s banker presie hidden alliances that drives american power. Welcome and congratulations on such a fabulous book. As we take a look into washington, wall street, and the families that have had such an enormous impact on our nations and the world. Guest thank you so much for that lovel the lovely intro. Host my pleasure and it was easily done again, given a fabulous career that you have had to move on wall street and now off wall street in the literary world it is a pleasure to have you. Lets dive right in. This is an incredibly unparalleled in history of the relationship between wall street, the large banks that have dominated the nation in washington. What motivated you to take on such an incredible amount of effort and exercise to produce this book . Guest a slight bit of insanity i guess. But actually, the novel that i had written, black tuesday, which was on the clash of 29 had a scene that i have rese
Them money, but the entire industry. All the president s bankers the hidden alliances that drive american power. We will speak with nomi prins about the 100 year history of collusion between washington and wall street. In shining a light on the nsa black budget. We will go to capitol hill to speak with commerce member peter welch is sponsoring the bill to force the president to include the total dollar amount requested for each of the 16 intelligence agencies. Then, a federal judge has dismissed a lawsuit challenging u. S. Governments killing of three americans in yemen in drone strikes. We will get reaction from attorney maria lahood. The constitution clearly applies to our awlaki because he is u. S. Citizen, so he is guaranteed due process. If the Us Government can kill a u. S. Citizen in yemen, that not only expands the global war, but also means a u. S. Citizen can be killed anywhere by our government. All of that and more coming up. This is democracy now , democracynow. Org, the w
[inaudible conversations] okay, i guess we can start. Thank you all for coming. This is a great crowd and were all very happy to have you here as we talk about the financial crisis and financial history under the title gaming the system finance in america which is really what its all about. Before introduced myself and the panelists i just want to make a couple of quick announcements. First of all we ask you to silence your cell phones and we point out that personal recording of these sessions is prohibited. There will be a book signing for all the members of the so panel and myself right after the session. Im asked to type that if youre buying a book, you buy it upstairs in the lobby, and then the sign will be across the street. We will sign them after you buy them. Anyway, once again, welcome to all of you. We are privileged to have with us today three authors have taken three very different approaches to reporting and analyzing the financial crisis that began in 2008 and the many re