In March the US government authorized the largest domestic bailout in history. Who were the real winners and losers of this bailout? Pulitzer Prize winning reporter Jesse Eisinger has been following the money.
Both the Fed and the federal government acted quickly to shore up the economy in the wake of the pandemic. But as unemployment and the stock market both soar, we ask what the short and long term effects of this spending has been. In a discussion with Rob Johnson, President of INET, Eisinger expresses his findings on the true winners of the government’s pandemic response.
Jesse Eisinger is a senior reporter and editor for ProPublica. He won the Pulitzer Prize for National Reporting in 2011 for his work on Wall Street’s morally questionable practices. He has also written for the Wall Street Journal and the Dow Jones newswire. His first book, The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives, was published by Simon & Schuster in 2017.
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