"Where Are The Wall Street Prosecutions!" - Gretchen Morgenson Agrees With Spitzer & Angry C-SPAN Callers
Video - NYT's Morgenson and William Cohan on CNN's Parker & Spitzer -
Jan. 27
Editor's Note: You can also watch this clip on Youtube if you want a larger picture. In 2011, CNN still does not allow their youtube content to be embedded, which explains why their clips rarely get seen. Earth to CNN, wake up fools. Ths shared video world is passing you by.
Gretchen Morgenson has covered the financial crisis better and more extensively than just about anybody in the print media. Cohan is the author of House of Cards about the collapse of Bear Stearns.
In this clip, Morgenson, Cohan and Spitzer are asking the same question: Where are the prosecutions for crimes connected to the financial crisis? Geithner and Bernanke also take a beating for failures of regulation and oversight during the build-up. Spitzer calls it "The Peter Principle on steroids." Great discussion -- they sound like they've been reading the Daily Bail.
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