economic crisis videos (3 videos)
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William K. Black: Bank Bailout Fraud
http://www.pbs.org/billmoyers The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Moyers sits down with Bill Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of what went wrong and his critique of the bailout. This show aired April 3, 2009. Bill Moyers Journal airs Fridays at 9 p.m. on PBS (check local listings). F
G20: Washington Consensus is Over
02 April 2009 NEW FUNDING PLEDGES $500bn for the IMF to lend to struggling economies $250bn to boost world trade $250bn for a new IMF "overdraft facility" countries can draw on $100bn that international development banks can lend to poorest countries IMF will raise $6bn from selling gold reserves to increase lending for the poorest countries Source: BBC
