2019-04-10 15:53:39

Richard Wolff on Bank Deregulation

"Then we had 10 years in which the big banks literally did every illegal and unethical thing imaginable. They manipulated interest rates (the LIBOR scandal), they got caught manipulating foreign exchange rates, they got caught charging people for fees they shouldn't have, they got caught mismanaging the mortgage crisis, you name it," says Professor Richard Wolff. "Oh, I forgot laundering criminal money. Shouldn't forget that. They got caught. They paid billions in fines. After a record ten years like that, the 'logical' thing is to give them less regulation. I told you it'd take your breath away."

Bank Deregulation Big Banks Economic Update Economy Libor United States

Economy

RJ Eskow on How Amazon Stacks the Deck

RJ Eskow on How Amazon Stacks the Deck

The Thom Hartmann Program

Why Some Millionaires Are Fighting to Pay More in Taxes

Why Some Millionaires Are Fighting to Pay More in Taxes

Rising Up With Sonali

House Votes to Keep Tax Filing Complex and Pricey

House Votes to Keep Tax Filing Complex and Pricey

Rising Up With Sonali

Trump Signs Executive Orders Promoting Oil and Gas Drilling

Trump Signs Executive Orders Promoting Oil and Gas Drilling

Related

Rising Up With Sonali

Did AG Barr Mischaracterize Mueller Report?

Did AG Barr Mischaracterize Mueller Report?

Democracy Now!

Democracy Now! 04/19/19

Democracy Now! 04/19/19

The Stephanie Miller Show

Sarah Kendzior: The Truth Matters or They Wouldn't Try So Hard To Oppress It

Sarah Kendzior: The Truth Matters or They Wouldn't Try So Hard To Oppress It

RJ Eskow on How Amazon Stacks the Deck

RJ Eskow on How Amazon Stacks the Deck