The major investment banks who got the Clinton Administration to repeal the Glass-Steagall Act in effect legalized gambling with taxpayer dollars. Former Goldmach-Sachs managing director Nomi Prins explained how, on their ways through the well-lubricated revolving door between cushy financial service jobs on Wall Street and the Treasury Department, Tim Geithner, Ben Bernanke and Hank Paulson siphoned public money into lavish bonuses for the bankers who in 2008 wrecked the economy.
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