Moyers & Company

Season 1 Episode 3

Moyers & Company: How Big Banks are Rewriting the Rules of our Economy

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Aired Unknown Jan 29, 2012 on
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Moyers & Company: How Big Banks are Rewriting the Rules of our Economy
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How Big Banks are Rewriting the Rules of our Economy: Bill Moyers talks with former Citigroup Chairman John Reed, now chairman of the board of MIT, and former Senator Byron Dorgan, to explore 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.moreless
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