excerpt

http://www.youtube.com/watch?v=TYD7ZeIEyeI

Full video:
Simon Johnson on Bill Moyers Journal: 'Too Big to Fail'
http://www.pbs.org/moyers/journal/02132009/watch.html


video:
Andrew Sullivan Believes Stress Tests Will Lead to Nationalization of the Banks
http://www.youtube.com/watch?v=RJCt1HtoKpg

---

The crash has laid bare many unpleasant truths about the United States. One 
of the most alarming, says a former chief economist of the International 
Monetary Fund, is that the finance industry has effectively captured our 
government-a state of affairs that more typically describes emerging 
markets, and is at the center of many emerging-market crises. If the IMF's 
staff could speak freely about the U.S., it would tell us what it tells all 
countries in this situation: recovery will fail unless we break the 
financial oligarchy that is blocking essential reform. And if we are to 
prevent a true depression, we're running out of time.

The Quiet Coup 
Simon Johnson 
http://www.theatlantic.com/doc/200905/imf-advice

Simon Johnson on the Economic Crisis
http://mitsloan.mit.edu/newsroom/johnson-clippings.php





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