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“It’s like Las Vegas merged with insurance and real estate people”: Kevin Phillips on the Wall Street meltdown

By Steve Perry | 09.24.08 | 1:20 pm

Kevin Phillips, the former Nixon hand turned Wall Street/GOP critic, appeared on Bill Moyers Journal last Friday. It’s the best thing I’ve seen on television about the financial debacle unfolding this week–just as Phillips’ most recent book, Bad Money, is the best introduction to the perils of America’s financialized economy.