Summary: Amidst historic economic failures, Bill Moyers Journal takes an in-depth look at what led to the financial meltdown, what it means for American families, and how it will affect voters between now and November. Bill Moyers sits down with former Nixon White House strategist and political and economic critic Kevin Phillips, whose latest book BAD MONEY: RECKlESS FINANCE, FAIlED POlITICS, AND THE GlOBAl CRISIS OF AMERICAN CAPITAlISM explores the role that the crumbling financial sector played in the now-fragile American economy. And, Moyers speaks with NEW YORK TIMES business and financial columnists Gretchen Morgenson and Floyd Norris to discuss who wins and who loses in the financial turmoil.
