The Real Truth Behind “Financial Reform”

May 28th, 2010

The headlines tell us that new financial regulation is just around the corner but it feels like the same people who created the current crisis are going to be left in charge. This week on Business Matters, we focus our attention on what the real effects of the proposed “financial reform” being tossed around Congress.

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Catherine Austin Fitts, President, Solari; Former Assistant Secretary of Housing

Catherine Austin Fitts has an unparalleled perspective on the current banking crisis, having witnessed the corruption in the market during the first Bush and Clinton administrations. Since then, she’s become the founder and managing member of Solari Investment Advisory Services, LLC.; and President of Solari, Inc. an online media company focused on ethical investment. She’s also been president of The Hamilton Securities Group, investment bank and financial software developer and an Managing Director and member of the board of Wall Street investment banking firm Dillon Read & Co. Inc. (She writes about her experience there in Dillon Read and the Aristocracy of Stock Profits.)

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