Naomi Klein at The Brecht on lobbyists involved in the financial bailout

[ProfessorPlum]

Run time: 06:18 https://www.youtube.com/watch?v=jkpdVL1Vtv4   Posted on YouTube: October 20, 2008 By YouTube Member: Views on YouTube: 0   Posted on DU: October 20, 2008 By DU Member: ProfessorPlum Views on DU: 651

 
Bob Rubin, fingers are being pointed at you!

[mikita]

1. she makes so much sense it makes my head hurt.....

:banghead:

I wish more people would hear her.....

[mcjackson]

2. god...

...im so attracted to her it's not even funny :-)

[Auggie]

4. Uh...

same here

;-)

[daggahead]

6. I know what you mean!

I've had a secret crush on her for a few years ... only she doesn't know that.:blush:

[Auggie]

3. Rubin is accused of helping to create the current financial crisis

From wikipedia:

Yet critics credit Rubin with helping create the conditions for the Financial crisis of 2007–2008, as a result of the policies he pursued as Treasury Secretary. Together with then-Federal Reserve chairman Alan Greenspan, Rubin strongly opposed the regulation of derivatives, when such regulation was proposed by then-head of the Commodity Futures Trading Commission (CFTC), Brooksley Born. Over-exposure to credit derivatives of mortgage-backed securities - or credit default swaps (CDS) was a key reason for the failure of US financial institutions Bear Stearns, Lehman Brothers, Merrill Lynch, American International Group, and Washington Mutual in 2008.

Arthur Levitt Jr., a former chairman of the Securities and Exchange Commission, has said in explaining Mr Rubin's strong opposition to the regulations proposed by Ms Born that Mr. Greenspan and Rubin were "joined at the hip on this."

link: http://en.wikipedia.org/wiki/Robert_Rubin

[ProfessorPlum]

5. Only 5 recs? Weird.

[leftchick]

7. I love to listen to her

thank you!

K&R