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It Takes a Pillage

Series: Living Well Show
From: Donna Descoteaux
Length: 00:28:38

Former Wall Street manager and author of It Takes A Pillage, Nomi Prins, reveals how Wall Street and the banks have looted the Treasury, stolen the bailout, and continued business as usual. She tells us about the ‘revolving door’ between Washington and Wall Street where former Big Finance leaders spend trillions in bailout money to "save" big Wall Street firms who then use those funds for anything and everything (think millions in big bonuses!!) except to help the people they have put out of work! She explains that the current crisis did not happen because ordinary citizens were able to borrow a little more than they could afford, but because Wall Street converted loans into assets that allowed it to borrow much, much more than it could afford. Read the full description.

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She lets us know that the financial system will not change unless our government forces change. If you're angry and frustrated with how the bank bailout was a bust for Main Street, Nomi provides a deeper understanding of what we really should be angry about and how we can fight for real change.

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Piece Description

She lets us know that the financial system will not change unless our government forces change. If you're angry and frustrated with how the bank bailout was a bust for Main Street, Nomi provides a deeper understanding of what we really should be angry about and how we can fight for real change.

Musical Works

Title Artist Album Label Year Length
Whirling Dreams Michael Morris 00:00

Related Website

http://www.nomiprins.com/