The New Global Elite
With four Wall Street banks controlling half the assets of the nation’s banking system, average investors are outmatched by high-speed computer trading and disadvantaged by private equity insiders and hedge funds that are first in line to reap greater rewards. Finance journalist Felix Salmon will explain how the “too big to fail” bankers are driving the disparity of wealth at home while creating a new global elite abroad. Salmon is the award-winning blogging editor for Reuters and a regular contributor to NPR’s Marketplace.
This ongoing series of timely, thought-provoking events addresses current social and political issues.
Hammer Forum is moderated by Ian Masters, journalist, author, screenwriter, documentary filmmaker, and host of the radio programs Background Briefing, Sundays at 11AM, and The Daily Briefing, Monday through Thursday at 5PM, on KPFK 90.7 FM.
Hammer Forum is made possible in part by Bronya and Andrew Galef.
Public programs are made possible by Hammer Members and the generosity of Bronya and Andrew Galef, Good Works Foundation and Laura Donnelley, and an anonymous donor.