It’s been a decade after the repeal of the Glass-Steagall Act, the Depression-era safeguard that prohibited the commingling of commercial and investment banks. This repeal gave rise to all-in-one financial behemoths like Citi, ushered in the too-big-to-fail era, and nearly toppled the global financial system. Today all taxpayers are paying the price. On this Portside, Burt Cohen talks with Nomi Prins,author of “It Takes a Pillage: Behind the Bailouts, Bonuses and Backroom Deals from Washington to Wall Street.” Before becoming an economic journalist and author, Nomi worked on Wall Street as a managing director at Goldman Sachs, and worked at Bear Stearns in London. If you care about reining the power of Wall Street this is a show you won’t want to miss.

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