Prof Jeffrey Sachs of Columbia "Fixing the Banking System for Good" Conference

[Christopher Marlowe]

Bill Stills captured the audio of Prof Jeffrey Sachs of Columbia University at this "Fixing the Banking System for Good" Conference.  Sachs describes the inadequacies of the current regulatory system, and says that Wall Street is currently engaging in widespread FRAUD; Sachs is a little weak on fractional reserve reform, but he says he is off two minds; At the end Sachs describes the Wall Street Banker "moral environment as pathological".