Download 4K
Download 4K
Download 4K Season 2 Episode
- Season 1 On Winner-Take-All Politics
- Season 1 Crony Capitalism
- Season 1 How Big Banks are Rewriting the Rules of Our Economy
- Season 1 How Do Conservatives and Liberals See the World?
- Season 1 Economic Malpractice and the Millennials
- Season 1 Decoding the Campaigns
- Season 1 Where Movies End and Politics Begins
- Season 1 Moving Beyond War
- Season 1 Standing Up For Democracy
- Season 1 Gambling With Your Money
- Season 1 An Optimist for Our Times
- Season 1 The Case for Old-School Faith & Politics
- Season 1 Big Money, Big Media, Big Trouble
- Season 1 Between Two Worlds - Life on the Border
- Season 1 Fighting for Fair Play on TV and Taxes
- Season 1 Tom Morello, Troubadour for Justice
- Season 1 Reckoning with Torture
- Season 1 Dark Money in Politics
- Season 1 How Big Banks Victimize Our Democracy
- Season 1 Confronting the Contradictions of America’s Past
- Season 1 Is Labor A Lost Cause?
- Season 1 Banking on Greed
- Season 1 Capitalism’s ‘Sacrifice Zones’
- Season 1 What It’s Like to Go to War
- Season 1 Suppressing the Vote
- Season 1 Nuns, Faith and Politics
- Season 1 The Resurrection of Ralph Reed
- Season 1 Challenging Power, Changing Politics
- Season 1 The One Percent Court
- Season 1 Elections for Sale
- Season 1 United States of ALEC
- Season 1 Hispanic America’s Turn
- Season 1 Justice, Not Politics
- Season 1 Plutocracy Rising
- Season 1 What’s Behind the Presidential Campaign Messages?
- Season 1 The Election is Over — Now What?
- Season 1 Hurricanes, Capitalism & Democracy
- Season 1 Big Media’s Power Play
- Season 1 Fiscal Cliffs and Fiscal Realities
- Season 1 Junot Díaz on Rewriting the Story of America
- Season 1 What We Can Learn from Lincoln
- Season 1 Ending the Silence on Climate Change
- Season 1 Paul Krugman on Why Jobs Come First
- Season 1 Fighting for Filibuster Reform
- Season 1 Foul Play in the Senate, and Today’s Abortion Debate
- Season 1 Are Drones Destroying our Democracy?
- Season 1 Who’s Widening America’s Digital Divide?
- Season 1 The Fight to Keep Democracy Alive
- Season 1 Taming Capitalism Run Wild
- Season 1 Fighting Creeping Creationism
Moyers & Company - Season 1 Episode 3 How Big Banks are Rewriting the Rules of Our Economy
10.00 48 minutes Big banks are rewriting the rules of our economy to the exclusive benefit of their own bottom line. But how did our political and financial class shift the benefits of the economy to the very top, while saddling us with greater debt and tearing new holes in the safety net? Bill Moyers talks with former Citigroup Chairman John Reed and former Senator Byron Dorgan to explore a momentous instance: how the late-90’s merger of Citicorp and Travelers Group – and a friendly Presidential pen — brought down the Glass-Steagall Act, a crucial firewall between banks and investment firms which had protected consumers from financial calamity since the aftermath of the Great Depression. In effect, says Moyers, they “put the watchdog to sleep.” There’s no clearer example of the collusion between government and corporate finance than the Citicorp-Travelers merger, which — thanks to the removal of Glass-Steagall — enabled the formation of the financial behemoth known as Citigroup.
