Is Wall Street still controlling our government?
Left to Right: Rashad Abdel-Khalik, PhD, Richard M. Bowen, III, C.R. “Rusty” Cloutier and Michael G. Winston, PhD
Was the financial crisis a planned, organized, strategic, systemic embracing of loopholes that allowed for deliberate fraud?
And does the TBTF still have a stranglehold on government through regulations that are allowing them to grow more powerful and controlling?
Banking scandals continue, witness the recent Wells Fargo debacle. Our Department of Justice is focused less on white collar crimes. Inroads for less regulation, the plethora of TBTF alums in our present administration – little has changed in the year since this program first aired.
Joining host, Dennis McCuistion, for a controversial, thought-provoking conversation on the causes of the 2008 debacle are:
- Rashad Abdel-Khalik, PhD: University of Illinois, Professor of International Accounting, Senior Editor of the International Journal of Accounting
- Richard M. Bowen, III: Professor of Accounting, University of Texas at Dallas, Citigroup Whistleblower
- C.R. “Rusty” Cloutier: MidSouth Bancorp, Inc, Founding President and CEO, Author: Big Bad Banks
- Michael G. Winston, PhD: Author: World Class Performance, Countrywide Whistleblower
Our panelists state that by all accounts all roads lead back to six- seven financial institutions that are too big to jail and too big to fail, with Congress issuing laws that gave banks the playing field to become bigger, more powerful, and more controlling. Loosening of underwriting standards set the stage for systemic fraud without any fear of ultimate accountability.
Is Wall Street controlling our government? Join us for the full story.
Talking about things that matter… with people who care. And please don’t forget that for the last 28 years it is you, our viewer, who keeps us on the air.
The McCuistion Program, a 501 ( C ) ( 3 ) tax exempt organization does not receive any KERA pledge dollars, PBS funds or government grants, so thank you for your continued support. And special thanks to the continued support of the Hatton W. Sumner’s Foundation.
Thanks for joining us,
Co-Founder, Executive Producer, Producer
Business Consultant / Executive Coach, specializing in Organizational Culture Change, Governance and Strategic Planning