A New Chautauqua

A discussion with Kevin Drum & David Corn.

	Watch Part 1 The ancient Romans had a proverb: “Money is like sea water. The more you drink, …the thirstier you become.” That adage finds particular meaning today on Wall Street, which began this New Year riding a tidal wave of bonuses in a surging ocean of greed.
	Watch Part 2 Banks weren’t just making investments, they were borrowing huge sums of money to make investments. That’s what makes a bubble bad. Is huge amounts of leverage. Huge amounts of debt.
	Watch Part 3 Moyers’ essay on the greed that drives the process…

This entry was posted on Monday, January 11th, 2010 and is filed under News. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed.