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Related: About this forumFailure of Epic Proportions: Treasury Secretary Jack Lew's Pro-Bank, Austerity, Deregulation Legacy
Published on Jan 11, 2013
DemocracyNow.org - Former bank regulator William Black and Rolling Stone's Matt Taibbi join us to dissect the career of Jack Lew, President Obama's pick to replace Treasury Secretary Timothy Geither. Currently Obama's chief of staff, Lew was an executive at Citigroup from 2006 to 2008 at the time of the financial crisis. He backed financial deregulations efforts while he headed the Office of Management and Budget under President Bill Clinton. During that time, Clinton enacted two key laws to deregulate Wall Street: the Financial Services Modernization Act of 1999 and the Commodity Futures Modernization Act of 2000. Black, a white-collar criminologist and former senior financial regulator, is the author of "The Best Way to Rob a Bank is to Own One." A contributing editor for Rolling Stone magazine, Taibbi is the author of "Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History."
DemocracyNow.org - Former bank regulator William Black and Rolling Stone's Matt Taibbi join us to dissect the career of Jack Lew, President Obama's pick to replace Treasury Secretary Timothy Geither. Currently Obama's chief of staff, Lew was an executive at Citigroup from 2006 to 2008 at the time of the financial crisis. He backed financial deregulations efforts while he headed the Office of Management and Budget under President Bill Clinton. During that time, Clinton enacted two key laws to deregulate Wall Street: the Financial Services Modernization Act of 1999 and the Commodity Futures Modernization Act of 2000. Black, a white-collar criminologist and former senior financial regulator, is the author of "The Best Way to Rob a Bank is to Own One." A contributing editor for Rolling Stone magazine, Taibbi is the author of "Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History."
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Failure of Epic Proportions: Treasury Secretary Jack Lew's Pro-Bank, Austerity, Deregulation Legacy (Original Post)
limpyhobbler
Feb 2013
OP
I'm trying to figure out how "the people", rather than Wall Street, are being served
truth2power
Mar 2013
#3
20score
(4,769 posts)1. We certainly need more shows like this.
And more people like Amy Goodman.
hay rick
(7,624 posts)2. If you liked Timmy, you're going to love Jack.
truth2power
(8,219 posts)3. I'm trying to figure out how "the people", rather than Wall Street, are being served
by this appointment. There seems to be some dissonance between the President's words and his actions.
I keep feeling like that little boy in the fairy tale, "The Emperor's New Clothes".