Eliot Spitzer: The Cataclysm of 2008-2009

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The Cataclysm of 2008-2009: Lessons Learned, or Lessons Ignored


Eliot Spitzer, Former Governor and Attorney General, New York


Mary Cranston, Senior Partner, Pillsbury Winthrop Shaw Pittman LLP; Immediate Past Chair, Commonwealth Club Board of Governors - Moderator


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. Does “too big to fail” mean too big? Without successful financial regulatory reform, are we just waiting for the next economic meltdown?


This program was recorded in front of a live audience at the Commonwealth Club of California on January 26, 2010.