THE BLOG
06/02/2011 02:57 pm ET Updated Aug 02, 2011

Two Sets of Rules: One For Goldman Sachs and One For the Rest of Us

Today's announcement that Goldman Sachs received a subpoena from the office of the Manhattan district attorney has left many wondering whether any top executives will actually face criminal prosecution for the company's role in causing the financial meltdown of 2008.

Democracy Now! interviews financial experts Gretchen Morgenson and Joshua Rosner about the root causes of the financial meltdown, the Goldman Sachs investigation, and about their new book, Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon.

"I think there is a genuine sense out there that there are two sets of rules: one for big and powerful institutions that are deemed to be too powerful to fail, and the rest of us, Main Street," says Morgenson, the Pulitzer Prize-winning business reporter who has written extensively on how the U.S. government has failed to prosecute any of the top figures who played a role in the economic crash.

Watch the 20-minute interview:

Click here for the complete transcript of the interview, to download the audio/video podcast, and for Democracy Now!'s vast archive of reports on the financial crisis. Join us on Facebook and share with a friend!