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Wall Street during the Panic of 1907. Image by: Wikipedia Commons
Nomi Prins, journalist and a former managing director of Goldman Sachs, discusses her book All the Presidents’ Bankers, the hidden alliances that drive American power. Prins retraces the relationship between American financiers and presidents stretching more than a century. From family friends, trusted confidants to the present day; how the relationship has deteriorated and presidents have lost control of the economy.
Special thanks to Pirate TV for the original recording from June 17, 2014.
Featuring:
Nomi Prins , journalist and author of All the Presidents’ Bankers, the hidden alliances that drive American power.
More information:
Articles
- Smithsonian: The Copper King’s Precipitous Fall, Augustus Heinze dominated the copper fields of Montana, but his family’s scheming on Wall Street set off the Panic of 1907
- Smithsonian: The Financial Panic of 1907: Running from History, Robert F. Bruner discusses the panic of 1907 and the financial crisis of 2008
- Washington Post: The Federal Reserve was created 100 years ago, this is how it happened
- NerdWallet: The Glass-Steagall Act Explained
- Bloomberg: “Combined profit at the six largest U.S. banks jumped last year to the highest level since 2006, even as the firms allocated more than $18 billion to deal with claims they broke laws or cheated investors.”
Videos & Multimedia
Artist: Scott Joplin
Song: Maple Leaf Rag
Source: Internet Archive https://archive.org/details/
Artist: The Platters
Song: I’ll Get By
Source: Internet Archive https://archive.org/details/
