roosevelt institute
GRITtv: Financial Reform: Throwing Junk in the Attic
Nomi Prins, former Wall Street trader and author of "It Takes a Pillage," says that the current financial reform legislation is like throwing your extra junk in the attic and pretending that your house is clean. She says that it allows banks to keep all sorts of securities off their balance sheets--that it does nothing to prevent, in short, the kind of shady dealings that helped land us in this financial mess to begin with. Together with Roosevelt Institute Fellow and blogger Mike Konczal, Nomi joins Laura in studio to discuss the financial reform legislation, its chances of passage, and what it would do--and wouldn't.
Email this pageGRITtv: Remaking the Economy or Geithner's Image?
A spate of profiles of Timothy Geithner hit the news recently, from Vogue to the Atlantic and several places in between. Most of them seem to sound an optimistic note on the Treasury Secretary and former chief of the New York Federal Reserve, but we ask a couple of experts what's really going on with the economy--and if Geithner deserves any of that praise.
Robert Johnson is the director of economic policy at the Roosevelt Institute and the former chief economist for the Senate Banking Committee. Les Leopold is the author of The Looting of America. They both have some words for the Democrats on what happens if don't wise up.
GRITtv: Is the Economic Storm Over?
David Cay Johnston, author of "Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense," Robert Johnson, Director of Economic Policy at the Roosevelt Institute, and Newsweek staff writer Barrett Sheridan discuss the financial crisis one year later.
