"Inside Job" Director Charles Ferguson: Wall Street Has Turned the U.S.
into a "Predatory Nation"
http://www.democracynow.org/2012/5/29/inside_job_director_charles_ferguson_wall
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 of the political system, and also, unfortunately, major portions of
the economics discipline."
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AMY GOODMAN: Now, you make a really critical point when you won the Oscar
at the 83rd Annual Academy Awards. You won it for Inside Job. In your
acceptance speech, you drew applause after calling for the jailing of
financial executives.
CHARLES FERGUSON: Forgive me. I must start by pointing out that three
years after a horrific financial crisis caused by massive fraud, not a
single financial executive has gone to jail, and that’s wrong.