Tuesday, May 11, 2010

The 13 bankers who control Washington



Simon Johnson, a former chief economist at the IMF and James Kwak, a former consultant for Mckinsey & Company, have written a book detailing a number of financial institutions and bankers whom they believe control Washingtons monetary policies. They argue banks should have limited assets and not receive federal bailouts because it encourages the too big to fail mentality. RT Correspondent Anastasia Churkina is live in New York to discuss the book.

~ See also: MIT’s Simon Johnson discusses new book '3 Bankers' ~

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