12:22am

Tue July 9, 2013
Economy/Labor/Biz

Today on Your Call: How should the US banking system be reformed?


On today’s Your Call, we’ll have a conversation about what has actually changed since the 2008 financial crisis. In 2010 President Obama signed The Dodd–Frank Wall Street Reform and Consumer Protection Act into law but since then, the financial industry has spent more than one billion dollars to water it down. What should be done to make sure the crisis does not happen again? And why do banks have so much power? It’s Your Call, with Rose Aguilar and you.

Guests:

Jesse Eisinger, senior reporter at ProPublica, covering Wall Street and finance

Scott Talbott, senior vice president for public policy at the Financial Services Roundtable

William Black, associate professor of economics and law at the University of Missouri-Kansas City

Bart Dzivi, former special counsel to the Financial Crisis Inquiry Commission

Web Resources:

PropPublica: Ixnay on ‘Say on Pay’

The Nation: How Wall Street Defanged Dodd-Frank

Huffington Post: Two Sentences That Explain the Crisis and How Easy It Was to Avoid

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