This is an interview by Brian Lehrer, one of the most incredible journalists active today. This is an amazing and incitement pair of interviews, with depth and content that I've never heard as well created. Michael Oxley & Arthur Levitt:
Update:
Both of these interviews are long and far reaching, touching on subjects ranging from the recent history of regulation in the US to the specifics of the bailout plan and the potential ramifications . Whether or not you agree with, or like these guys, they have been a huge part of the history of this debacle, and it's a pair of important perspective and information. Included suggestions: A consolidated regulatory body, and a body whose only goal will be oversight from the perspective of protecting tax payers.
Definitely worth a listen.
Michael Oxley, former Congressman (R-OH 4th) and co-sponsor of the Sarbanes-Oxley law, which regulated corporate accounting after ENRON, and is counsel at Baker Hostetler, and Vice Chairman of NASDAQ discusses the bailout and other financial news.
Oxley created the rules that dealt with ENRON, and now forced Fannie and Freddi to restate their earnings, which led to their collapse.
Arthur Levitt, former SEC chairman and senior adviser to the Carlyle Group discusses the recent Wall Street bailout and other pressing fiscal news.
This is a damning indictment of the Bush administration, John McCain's latest statements, and a ton of very very good, clear information.