Democracy Now
A prominent Wall Street analyst predicted this week that not a single top executive at Goldman Sachs will face criminal prosecution for the company’s role in causing the financial meltdown of 2008. “I think that there is a genuine sense out there that there are two sets of rules, one for big and powerful institutions that are deemed to be too politically interconnected or powerful to fail, and the rest of us, Main Street,” says our guest Gretchen Morgenson, the Pulitzer Prize-winning business reporter who has written extensively on how the U.S. government has failed to prosecute any of the top figures who played a role in the economic crash. Morgenson and Joshua Rosner are co-authors of the new book Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon.
Gretchen Morgenson, Pulitzer Prize-winning business reporter at the New York Times who has written extensively on how the U.S. government has failed to prosecute any of the top figures who played a role in the economic crash. She is the co-author of the book Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon.
Joshua Rosner, an expert on housing finance and a partner at the independent research consultancy firm Graham Fisher & Co. He is co-author of the book Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon.
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