JPMorgan Chase CEO Jamie Dimon’s appearances in June 2012 before congressional committees—many members of which had received campaign contributions from the megabank—beg the question: In how many ways are average Americans going to pay the price for big-bank hubris, with their own government acting as accomplice? In this edition of Moyers & Company, Rolling Stone editor Matt Taibbi and Yves Smith, creator of the finance and economics blog Naked Capitalism, discuss with Moyers how the corruption of banks and government is wounding democracy. Moyers also speaks with author Peter Edelman (So Rich, So Poor: Why It’s So Hard to End Poverty in America) about efforts to fight poverty in the U.S., and what it will take to keep the needs of poor people on the political agenda. Edelman is faculty director of Georgetown University’s Center on Poverty, Inequality, and Public Policy. Broadcast date: June 22, 2012. (57 minutes)
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