Journalist and author of Presidents’ Bankers: The Hidden Alliances that Drive American Power Nomi Prins, explains the roots of the deep connections between bankers and the White House, how Teddy Roosevelt’s trust busting stopped when it came to the banks, the bankers and foreign and military power, how President’s from Carter through Obama made the banks less accountable, FDR the Kennedys and the financial industry, bankers and World War II, why bankers supported Glass Steagall in the 1930s, how Washington became an insurance policy for the banks recklessness, Timothy Geithner and bank worship and President Obama’s relationships with Goldman Sachs and JP Morgan.
This clip from the Majority Report, live M-F at 12 noon EST and via daily podcast at http://Majority.FM
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