ALL THE PRESIDENTS’ BANKERS: EX GOLDMAN MANAGING DIRECTOR NOMI PRINS ON THE COMING MARKET CRASH
SilverDoctors.com
MAY 11, 2014
If you want to understand the relationships between the American banking industry and Washington, D.C., look no further than the new book by Nomi Prins: All the Presidents’ Bankers: The Hidden Alliances that Drive American Power.
Prins joined Eric Dubin on Liberty Rising Radio for a lively discussion about the rise of American banking power. Bankers and presidents have traditionally worked together, as allies. Enormous concentration of financial wealth has always assured bankers a seat at the table. At the turn of the last century, the J.P. Morgan empire included control over 70% of the steel industry and over half of the publicly listed companies on the New York Stock Exchange.
Following the 2008 crash, the “too big to fail” banks have only grown larger.
Prins believes another crash is likely the only catalyst that can force change.
The Rest…HERE
