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Moyers & Company Episode 103
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(Apr 18, 2012)
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Bill Moyers talks with former Citigroup Chairman John Reed, now chairman of the board of MIT, and former Senator Byron Dorgan, to explore how the mid-90's merger of Citicorp and Travelers Group - and a friendly Presidential pen -- brought down the Glass-Steagall Act, a crucial firewall between banks and investment firms which had protected consumers from financial calamity since the aftermath of the Great Depression.
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