About the Program
Eliot Spitzer, former Governor of New York and New York State Attorney General, presents his thoughts on when the government should intervene in the financial market. Mr. Spitzer argues that government assistance given to the banking industry in 2009 was a poor decision, as it forced the American public to share in bank's risks without benefit. The author posits when intervention is appropriate and details how the government can reestablish the public's trust. Eliot Spitzer is in conversation with Simon Johnson, co-author of 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown at the Massachusetts Institute of Technology in Cambridge, Massachusetts.