DemocracyNow.org - Two years after directing the Academy Award-winning documentary, "Inside Job," filmmaker Charles Ferguson returns with a new book, "Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America." Ferguson explores why no top financial executives have been jailed for their role in the nation's worst economic crisis since the Great Depression. We also discuss Larry Summers and the revolving door between academia and Wall Street as well as the key role Democrats have played in deregulating the financial industry. According to Ferguson a "predatory elite" has "taken over significant portions of economic policy and the political system and also, unfortunately, major portions of the economics discipline."

To watch the complete weekday independent news hour, read the transcript, download the podcast, search our vast archive, or to find more information about Democracy Now! and Amy Goodman, visit http://www.democracynow.org/

FOLLOW DEMOCRACY NOW! ONLINE:
Facebook: http://www.facebook.com/democracynow
Twitter: @democracynow
Subscribe on YouTube: http://www.youtube.com/democracynow
Listen on SoundCloud: http://www.soundcloud.com/democracy-now
Daily Email News Digest: http://www.democracynow.org/subscribe

Please consider supporting independent media by making a donation to Democracy Now! today, visit http://www.democracynow.org/donate/YT

Published on May 29, 2012 by democracynow