The Cataclysm of 2008-2009: Lessons Learned, or Lessons Ignored
Eliot Spitzer, Former Governor and Attorney General, New York
Mary Cranston, Senior Partner, Pillsbury Winthrop Shaw Pittman LLP; Immediate Past Chair, Commonwealth Club Board of Governors - Moderator
As the former attorney general and later governor of New York, Spitzer prosecuted some of the most notorious white-collar crime and securities fraud on Wall Street. He now questions whether we have what it takes to regulate and reform the banking industry. Does too big to fail mean too big? Without successful financial regulatory reform, are we just waiting for the next economic meltdown? Spitzer will examine whether the Obama administration is up to the task or whether taxpayers may be on the hook for the next crisis.
@pearqui You're giving me too much credit.
ndiefenb 10 months ago
@ndiefenb Ayn Rand libertarian not liberal, and he isn't literally suggesting a state governor should print money, but making a point that governors are in tighter spot because they can't just print money like the fed. He's actually joking about it.
Seems you have a predisposed dislike for him, which is sad because he puts forth well reasoned food for thought. I would posit it is the cognitive dissonance that people of your ilk exhibit, being the reason our country is in so much trouble.
pearqui 10 months ago
Just in those 10 first minutes you see the delusion of those who purport to govern us: Alan Greenspan a liberal, really? He manipulated the interest rates for 15 years in violation of all free-market principles. Then Eliot says he wished, as governor, that he could print money. Yeah, right. So that we can finally have even more inflation and irresponsible government spending. Good job, excellent analysis, Mr. Spitzer. Now we know why our country is in so much trouble.
ndiefenb 1 year ago
is he the famous hooker fucker?
catalinaguerrero 1 year ago
this was a great video
d0d2200 1 year ago
I just love the cut at 37:08
micidragan 2 years ago