August 2011 Archives

Craig Barnes: Start Over

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Commentary by Craig Barnes:

 

On a Monday in early August, 2011, AIG (American International Group) filed claims in federal court against Bank of America alleging losses of $10 billion. The insurance giant claimed that the bank had intentionally disguised the risks of products to be insured. At the same time, Bank of America was already being sued for $82 billion in a multitude of other suits.  According to The New York Times, JP Morgan was also being sued for almost $40 billion, Wells Fargo was being sued for $35 billion, Citigroup for over $2 billion.  All were alleged to have marketed securities as solid investments when at the time of the sale they knew that these representations were untrue. In legal jargon, when a person makes a deal based upon a fact that he knows to be false and intentionally disguises the falsehood, that is fraud.  The giants of American capitalism were therefore this August in a hugely costly family quarrel, suing one another for throat-choking amounts of fraud.


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Craig Barnes: Heather Gerken

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Heather Gerken, Skelley Wright professor of constitutional law at Yale University, and who has appeared on PBS, testified to congress, written numerous articles, etc., here discusses campaign finance reform and the recent Supreme Court decision that strikes down an Arizona law that attempted to level the playing field in elections by public financing for candidates. She helps us understand the internal workings of doctrines of campaign contributions and independent expenditures and then leads on to Citizen’s United and a discussion of the Roberts Court’s unwillingness to regulate money in politics.

This dialog aired on KSFR (101.1FM) on July 9, 2011.

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This show series is offered courtesy of KSFR, Santa Fe's Public Radio Station (@101.1FM). Craig's show airs on KSFR every Sat at 9AM MST and is streamed live on www.KSFR.org. His full bio is available at our Guest Bios page.

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Craig Barnes: Gary Hart (3rd)

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Former US Senator and presidential candidate Gary Hart explores the complexities of US withdrawal from Afghanistan, the consequences of our longest military engagements in history, the need to investigate how we got into these wars, and the desperate dysfunction in the current US Congress.

This dialog aired on KSFR (101.1FM) on July 2, 2011.

Download Craig Barnes: Gary Hart (3rd) | Pop-up Viewer

This show series is offered courtesy of KSFR, Santa Fe's Public Radio Station (@101.1FM). Craig's show airs on KSFR every Sat at 9AM MST and is streamed live on www.KSFR.org. His full bio is available at our Guest Bios page.

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