Larry Summers

Reality Asserts Itself - Rana Foroohar

May 9, 2018
On Reality Asserts Itself, Ms. Foroohar says the legalization of stock buybacks in 1982 allowed companies like Apple to now spend only 15% of their investments on R&D, while the majority is spent on market manipulation; the Financial Times columnist and author of “Makers and Takers” says the move from traditional pensions to 401k’s makes everyone feel they benefit from finance, when the vast majority of profits go to the elites and most people’s living standards deteriorate – with host Paul Jay

US Federal Reserve

December 23, 2013
Gerald Epstein: Former Bank of Israel Chief Stanley Fischer will likely become the Vice Chairman of the Federal Reserve, but his record shows consistent catering to Wall Street rather than bringing the country to full employment

Bill Black: Volcker Rule Approved But “Not Enforceable”

December 11, 2013

Former financial regulator Bill Black says 863-page Volcker rule will allow banks to continue their risky financial derivative bets by claiming speculation is mere hedging.

Reality Asserts Itself - Chris Hedges

December 5, 2013
On RAI with Paul Jay, Chris Hedges discusses the psychology of the super rich; their sense of entitlement, the dehumanization of workers, and mistaken belief that their wealth will insulate them from the coming storms

Would Janet Yellin as Fed Chair Mark a Shift in Economic Policy?

October 9, 2013

Bill Black: Yellin’s confirmation marks a victory for progressive democrats?

The Next Federal Reserve Chair will Decide the Fate of Dodd-Frank

September 9, 2013

Gerald Epstein: Larry Summers is the chief architect of the financial crisis and should not be chief regulator of the financial system

Why Larry Summers Track Record of Failure Actually Helps His Fed Nomination

September 5, 2013

Bill Black: Larry Summers theory of finance: banks are too brilliant to fail and regulators are idiots.

Wall Street Eager to See Larry Summers Nominated Fed Chair

August 27, 2013

Summers likely to be next Fed chair not despite failures but because of them

Greg Palast

August 26, 2013
Greg Palast: Secret memo reveals Larry Summers involved in deal that helped setup the global economic crisis