User Clip: Bernie Sanders on Bank Bailouts (S & L Crisis 7)

Rep. Bernie Sanders, on the House floor, castigates the provision of additional bailout funds to both savings & loan institutions and commercial banks, as well as the expansion of powers contained in a presidential recommendation. Sanders, in a speech prescient and relevant, inveighs against the greed and corruption that created the scandal that exposed the economy to substantial risk and the problem of recapitalizing at the expense of workers and families who bear the brunt of the fallout. June 24, 1991. close