Nomi Prins On The History Of Wall Street And The White House
In Nomi Prins' new book "All the Presidents' Bankers," she delves into over a century of close ties between the White House and Wall Street. Using archival correspondence, she explores the ways a small group of influential people, elected and not, has shaped American policy at home and abroad. The book details economic expansion, contraction and crises from the panic of 1907 to today, in the context of what Prins calls America’s genealogy of power.
Prins is a journalist, author and senior fellow at the progressive public policy think-tank, Demos. She is a former managing director at Goldman-Sachs and Bear Stearns.
Prins advocates for the reinstatement of the Glass-Steagall Act and other regulatory reforms. Her latest book is "All the Presidents' Bankers: The Hidden Alliances that Drive American Power." Her previous books include "It Takes a Pillage," "Other People's Money," "Jacked" and "Black Tuesday."
Prins spoke at Town Hall Seattle on April 23 as part of the Civics Series, in partnership with Third Place Books. Ayan Sheikh recorded the talk.