Before his name became synonymous with government scandal and prostitution, Eliot Spitzer was an American lawyer and active pursuer of white-collar crime.
Now, leaving the past behind him, Spitzer speaks publicly about the American government and banking system, criticizing their claims of reform. As the former attorney general and later governor of New York, Spitzer prosecuted some of the most notorious white-collar crime and securities fraud on Wall Street. He now questions whether we have what it takes to regulate and reform the banking industry.
In this Link TV special, Eliot Spitzer - The Crash of 2008-2009: Lessons Learned or Lessons Ignored, we ask: does "too big to fail" mean too big? Without successful financial regulatory reform, are we just waiting for the next economic meltdown? Spitzer examines whether the Obama administration is up to the task of reform, or whether taxpayers will be the ones left on the hook for the next crisis.