Even after the ruinous financial crisis of 2008, says economist Simon Johnson, “too big to fail” megabanks continue to hold America and the global economy hostage, threatening yet another financial meltdown with their risk-taking and toxic “business as usual” practices. Johnson, a contributor to The Huffington Post and co-author of 13 Bankers (with James Kwak), argues that our best defense is a radical breakup and reconfiguration of megabanks so they become small enough to fail. Presented by The Town Hall Center for Civic Life. Series media sponsorship provided by Publicola. Series supported by The Boeing Company Charitable Trust and the RealNetworks Foundation.
Wed 2/16, 2011, 7:30pm
Break Up The Megabanks