Add to Bookmark
|
Make VideoWired.com My Homepage
|
VideoWired Tools
VIDEO SEARCH
HOME
MUSIC
SPORTS
COMEDY
STUNTS
ENTERTAINMENT
NEWS
TV
NEW VIDEOS
CHANNELS
FAVORITE VIDEOS
MOST VIEWED
Categories
Home
Music
Sports
Comedy
Stunts
Entertainment
News
Television
Channels
StupidVideos.com
MySpace
Heavy
YouTube
WheelsTV
Maxim Magazine
Access Hollywood
E! Online
AOL News
AOL Music
MSN Video
TMZ.com
Oxygen
Oscar.com
Showtime
Fuel TV
EVTV1.com
Speed
NBA.com
NFL.com
NBC Sports
Fox Sports
RooTV
CBS SportsLine
CBS
CNN
NBC
Yahoo News
Business Week
Reuters
Weather Channel
13 Bankers: The Wall Street Takeover and the Next Financial Meltdown Details
13 Bankers: The Wall Street Takeover and the Next Financial Meltdown
[from MIT Sloan School of Management Newsroom] Channeling Thomas Jefferson and Theodore Roosevelt, MIT Sloan School of Management Professor Simon Johnson warns in a new book that a “new financial oligarchy” threatens not only the nation’s economy, but its political core. In 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown, Johnson, says the book provides “the back story” for the 2008 financial crisis “and for all the issues being raised now around financial reform. We hope the book helps people have a badly needed conversation about what we must do to push back against dangerous, narrow interest groups that now threaten our economic well-being.” In 13 Bankers, Johnson, a former chief economist for the International Monetary Fund, and co-author James Kwak cite historical precedents and offer financial analysis to conclude that a second financial shock is inevitable unless the financial and political stranglehold held on Washington by the nation’s biggest banks is broken. “The best defense against a massive financial crisis is a popular consensus that too big to fail is too big to exist,” the authors write. “This is at its heart a question of politics, not of economics or of regulatory technicalities.” The book points out that the current concentration of financial and political power is not unlike other moments in American history. President Theodore Roosevelt, for example, challenged the monopoly powers of banker and industrialist J.P. Morgan. “No one thought he could win,” Johnson says in an interview, “but he did succeed in the first prosecution of a corporation under the Sherman Antitrust Act.” Roosevelt, he said, began a process that helped people understand the need to rein in the power of corporate giants, such as John D. Rockefeller’s Standard Oil, “which was arguably more important as a single company in 1910 than J.P. Morgan was then or J.P. Morgan Chase is now,” says Johnson. Similar leadership is needed from the Obama ad...
Channel:
MIT World
Video Length:
0s
Date Found:
Sun, Apr 04 2010 3:36 PM
Category:
Science
Date Produced:
Sun, Apr 04 2010 12:00 AM
View Count:
5
Advertisement
Advertisement
Related Results From Science
TEDxCMU — Luis von Ahn -- Duolingo: The Next Chapter in Human Computation
From:
sciencestage.com
on
Mon, Jul 18 2011 11:15 AM
Luis von Ahn, the man who brought the world CAPTCHA and reCAPTCHA unveiled his newest and most innovative project to date: Duolingo. How can you translate the entire internet and do it for free? Duolingo will be a revolutionary product in which millions of internet users from around the world wi...
TEDxCMU — Michealene Risley -- Rape
From:
sciencestage.com
on
Mon, Jul 18 2011 11:14 AM
Michealene Risley shares with us her incredible story on how she gave up a comfortable life as a corporate executive and traveled to Zimbabwe to document some of the most heartbreaking and unfortunately events that are happening to women and little girls. Learning through her own experiences with...
Hillstranded: Monster Catching Rig
From:
Discovery Channel
on
Sun, Jul 17 2011 10:20 PM
The Hillstrand brothers assemble a heavy-duty fishing rig to go hunting after the Alaskan sea monster.
Hillstranded: Mystery Animal Expert
From:
Discovery Channel
on
Sun, Jul 17 2011 10:20 PM
Johnathan and Andy meet with cryptozoologist Paul Leblond who shares his research about the creature known as Cadborosaurus.
Alaskan Monster Hunt: Sea Monster Witness
From:
Discovery Channel
on
Sun, Jul 17 2011 10:17 PM
The Hillstrand’s adventure begins when an eyewitness shares stunning video evidence of a mysterious Alaskan sea monster.
Curiosity: John Seely Brown: Play and Innovation
From:
Discovery Channel
on
Sat, Jul 16 2011 7:33 PM
John Seely Brown discusses using play to foster innovation in this Curiosity video.
Curiosity: John Seely Brown: Play and Innovation
From:
Discovery Channel
on
Sat, Jul 16 2011 7:33 PM
John Seely Brown discusses using play to foster innovation in this Curiosity video.
Curiosity: John Seely Brown: On Curiosity
From:
Discovery Channel
on
Sat, Jul 16 2011 7:33 PM
John Seely Brown discusses curiosity in this Curiosity video.
Shark Week: Tasmanian Shark Attack
From:
Discovery Channel
on
Sat, Jul 16 2011 7:33 PM
Two surfers are enjoying a nice day on the water when suddenly a great white shark takes a bite out of one of them. Will she live?
Curiosity: John Seely Brown: 'Chief of Confusion'
From:
Discovery Channel
on
Sat, Jul 16 2011 7:32 PM
John Seely Brown discusses the 'Chief of Confusion' in this Curiosity video.
Curiosity: John Seely Brown: 'Chief of Confusion'
From:
Discovery Channel
on
Sat, Jul 16 2011 7:32 PM
John Seely Brown discusses the 'Chief of Confusion' in this Curiosity video.
Curiosity: John Seely Brown: Future of Business
From:
Discovery Channel
on
Sat, Jul 16 2011 7:32 PM
John Seely Brown discusses the future of business in this Curiosity video.
Curiosity: John Seely Brown: Technology Surprises
From:
Discovery Channel
on
Sat, Jul 16 2011 7:32 PM
John Seely Brown discusses what is surprising about technology in this Curiosity video.
Deadliest Catch 7: Brotherly Prank
From:
Discovery Channel
on
Sat, Jul 16 2011 7:32 PM
Jake Harris can’t help pulling a fireworks prank on his brother Josh while he's grooming his face.
Curiosity: John Seely Brown: Big Questions
From:
Discovery Channel
on
Sat, Jul 16 2011 7:31 PM
John Seely Brown discusses the big questions that keep him up at night in this Curiosity video.
Curiosity: John Seely Brown: Biggest Influence
From:
Discovery Channel
on
Sat, Jul 16 2011 7:31 PM
John Seely Brown discusses books that have had the biggest influence on him in this Curiosity video.
Deadliest Catch 7: Burned Out Hydros
From:
Discovery Channel
on
Sat, Jul 16 2011 7:30 PM
On the Ramblin' Rose, the burned out hydro compressor brings hauling to a stop and forces Captain Elliott to jury rig another high seas repair.
Curiosity: John Seely Brown: What Makes him Curious?
From:
Discovery Channel
on
Sat, Jul 16 2011 7:30 PM
John Seely Brown discusses what makes him curious in this Curiosity video.
Curiosity: John Seely Brown: On Creativity
From:
Discovery Channel
on
Sat, Jul 16 2011 7:28 PM
John Seely Brown discusses creativity in this Curiosity video.
Shark Week: Stalked By a Shark
From:
Discovery Channel
on
Sat, Jul 16 2011 7:28 PM
A massive great white shark notices a group of Australian fishermen and starts circling their kayaks. What happens next shocks them all.
VIDEOWIRED.COM FEATURED
Watch this week’s W...
Channel:
CBS News
Apartment buildings...
Channel:
CBS News
Murdochs testify, ...
Channel:
CBS News
Retired NFL players...
Channel:
CBS News
Laser brain surgery...
Channel:
KTRK Houston
Can Murdoch maintai...
Channel:
CBS News
Gov. Scott Walker g...
Channel:
MSNBC
News Corp. no diffe...
Channel:
MSNBC
Bachmann: Migraines...
Channel:
CBS News
AZ Rep. Trent Frank...
Channel:
MSNBC
Preview: The One Wh...
Channel:
CBS News
Jim Lee: Comics "ve...
Channel:
CBS News