E3: Wall Street Greed

The 2009, the Occupy Movement inhabits Zuccoti Park where a host of protesters gather to challenge the 1% ruling class of Wall Street. Among the activists is Alan Collinge, who has just published a book The Student Loan Scam (Beacon Press). Alan’s argument is in fighting for the return of bankruptcy protections. Joining him is former Sallie Mae board member, Catherine A. Fitts, a Wall Street financial expert who reveals what happened when the student loan lending system privatized, acquired collection and real estate companies and knowingly designed a system to fail. Matt Taibbi of contributing editor of Rolling Stone Magazine puts in layman’s terms just callous the privatized lending regime has become, “They don’t care if you have cancer … it’s like Goodfellas, ‘fuck you pay me!’”