Bill Moyers had another great show on the financial crisis tonight. The show unified many of the concepts I have written about in recent months. The discussion raises many important questions, perhaps none more important than whether the Obama administration will have the courage to support the newly-proposed Congressional panel that will investigate the crisis and propose reforms. Please watch.
Bill Moyers speaks with economist Simon Johnson and Ferdinand Pecora biographer and legal scholar Michael Perino. Johnson is a former chief economist of the International Monetary Fund (IMF) and a professor at MIT Sloan School of Management, and Perino is a professor of law at St. John's University and has been an advisor to the Securities and Exchange Commission.
Click here to watch video.
