Robert Scheer Speaks With Nomi Prins About the Connection Between Washington and Wall Street (audio)

Audio link at: http://www.truthdig.com/avbooth/item/audio_robert_scheer_speaks_with_nomi_prins_about_the_20160212


In this week’s “Scheer Intelligence”—the Truthdig editor-in-chief’s podcast on KCRW—author, journalist and former investment banker Nomi Prins explains the culture of Wall Street and its influence on government.

Prins worked as a managing director at Bear Stearns and Goldman Sachs for several years before leaving the financial sector around the time of the Enron crisis to become one of its sharpest critics. She has written several books about the relationship between Washington and Wall Street, including “All the Presidents’ Bankers: The Hidden Alliances that Drive American Power” and “Other Peoples’ Money: The Corporate Mugging of America.”

Scheer and Prins discuss that relationship and the players who have kept it going in spite of devastating effects on many Americans. In addition, Prins talks about the lack of an “accountability gene” within many in the finance industry.

Lastly, we hear about how Wall Street has influenced and may continue to influence the presidential candidates and outcome of this year’s election.