First Republic Bank Rescue & Secret Collusion Between the Government and Wall Street's Biggest Banks
On today's episode Brian and Prof. Richard Wolff …
The Socialist Program with Brian Becker
May 3, 202330m 27s
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Show Notes
On today's episode Brian and Prof. Richard Wolff discuss the third bank failure in two months. First Republic collapsed Monday, a sure sign that the financial system is still in huge turmoil. Then JPMorgan Chase bought the bank's assets for a bargain. What does this say about the economic system and what does it mean for the rest of us?
Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.
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