Nomi 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. In this week’s conversation, Scheer and Prins discuss in depth 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.Credits
Host:
Robert Scheer
Producers:
Joshua Scheer, Rebecca Mooney