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Stiglitz: The Fed Is Corrupt And Dominated By Big Banks

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girl gone mad Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Mar-09-10 02:50 AM
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Stiglitz: The Fed Is Corrupt And Dominated By Big Banks
 
Run time: 05:44
http://www.youtube.com/watch?v=DztUp2ri1Vo
 
Posted on YouTube: March 08, 2010
By YouTube Member: bizbuzz3
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Posted on DU: March 09, 2010
By DU Member: girl gone mad
Views on DU: 664
 
Joseph Stiglitz explained to Maria Bartiromo why he thinks the Fed is desperately in need of reform. Basically, it comes down to the influence the banks have in selecting the Fed chairman. How can we expect effective regulation or fair financial rescues from men who owe their power to the heads of the biggest banks?
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   Replies to this thread
   K & R  democracy1st   Mar-09-10 03:16 AM   #1 
   How can we expect effective regulation  Enthusiast   Mar-09-10 04:52 AM   #2 
   Oh, that explains it. I though all that secrecy was just to be sexy.  pundaint   Mar-09-10 05:25 AM   #3 
   Chris Dodd  pjt7   Mar-09-10 06:50 AM   #4 
 
democracy1st Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Mar-09-10 03:16 AM
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1. K & R
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Enthusiast Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Mar-09-10 04:52 AM
Response to Original message
2. How can we expect effective regulation
or fair financial rescues from men who owe their power to the heads of the biggest banks?

We can't. This has become painfully obvious.
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pundaint Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Mar-09-10 05:25 AM
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3. Oh, that explains it. I though all that secrecy was just to be sexy.
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pjt7 (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Mar-09-10 06:50 AM
Response to Original message
4. Chris Dodd
needs to be stripped of his Banking Chairminship.

Anybody in DU interested in starting a grass-roots campaign?
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DU AdBot (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Thu Sep 09th 2010, 02:49 PM
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