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Gretchen Morgenson & Joshua Rosner on Democracy Now! on the Causes of the Financial Crisis. 2 of 2

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Published on Jun 2, 2011

DemocracyNow.org -
A prominent Wall Street analyst predicted this week that not a single top executive at Goldman Sachs will face criminal prosecution for the company's role in causing the financial meltdown of 2008. "I think there is a genuine sense out there that there are two sets of rules: One for big and powerful institutions that are deemed to be too powerful to fail, and the rest of us, Main Street," says Gretchen Morgenson, the Pulitzer Prize-winning New York Times business reporter who has written extensively on how the U.S. government has failed to prosecute any of the top figures who played a role in the economic crash. Democracy Now! interviews Morgenson and Joshua Rosner about their new book, "Reckless Endangerment: How Outsized Ambition, Greed, And Corruption Led to Economic Armageddon."

For the transcripts and for more Democracy Now! interviews about the financial collapse, visit http://www.democracynow.org/2011/6/2/...

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