BIG BANKS DRIVE UP COST OF FOOD, GAS ELECTRICITY

FROM IAN MASTER'S BACKGROUND BRIEFING...RADIO STATION KPFK

Part 3

WE examine how the largest banks are profiting from manipulating the price of commodities which was the subject of a hearing today before a U.S. Senate Banking Sub-committee. Saule Omarova, a Professor of Law at the University of North Carolina who specializes in regulation of financial institutions, banking law, international finance and corporate finance, joins us to discuss her testimony and the need for the public to gain awareness of how much the price of food, gas and electricity is being driven up by the big Wall Street banks who profit at the expense of ordinary consumers.