Les Leopold, author of The Looting of America: How Wall Street’s Game of Fantasy Finance Destroyed Our Jobs, Pensions, and Prosperity—and What We Can Do About It, sits down with Matthew Rothchild, editor of The Progressive Magazine, to discuss the economic meltdown, the big bank bailouts, and the hustlers on Wall Street who made off (…get it?! Madoff!) with billions of our dollars in self-awarded bonuses.
Les breaks down the failures and corruption of Wall Street in plain language. He uses a great comparison to fantasy baseball to explain tangible assets, collateralized derivatives, and amoritized jabbertywonks.
If you want to know how you got robbed this year. Listen in.
Listen to the great interview.