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Speaker(s): Professor Laurence J. Kotlikoff
Chair: Professor Christopher Polk
Recorded on 17 February 2010 at New Theatre, East Building
Let's call a spade a spade. Today's financial system, with its limited liability, insider rating, political kickbacks, director sweetheart deals, non disclosure, and internal corporate raiders, was built for hucksters -- hucksters who systematically manufactured and sold trillions in fraudulent securities, grabbed hoards of loot, and left the public to pick up the pieces.