MIT economist: Wall Street created worst recession since WWII

MIT economist: Wall Street created worst recession since WWII | The Raw Story – Digg.

rawstory.com — MIT economics professor Simon Johnson said on MSNBC’s The Rachel Maddow Show on Wednesday night that Wall Street “blew itself up,” which lead to the “most severe recession since World War II.” The former chief economist of the International Monetary Fund added that the enormous economic damage was “a direct consequence of what the biggest banks did and were allowed to get away with.” Watch video, courtesy of MSNBC, below: Visit msnbc.com for breaking news, […] 1 day 8 hr ago

MIT economist: Wall Street created worst recession since WWII | The Raw Story

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