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The American Empire in a Changing World



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Wednesday, May 30, 2012

''Would an independent agency fix the Federal Reserve’s ‘governance problem’?''

From Current TV



''Simon Johnson, a senior fellow at the Peterson Institute for International Economics and a professor at the MIT Sloan School of Management, explains why he thinks the U.S. should establish a watchdog agency to oversee Wall Street along the lines of the National Transportation Safety Board, asking “Where else in American society do we allow the regulated companies to sit on the governing structure on the board of the organization overlooking them?''

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