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Posted: September 14, 2009 11:30 AM

Arianna Discusses Wall Street's Failure to Learn From Its Mistakes on Morning Meeting (VIDEO)

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Arianna appeared on Dylan Ratigan's MSNBC show "Morning Meeting" today to discuss the one-year anniversary of the fall of Lehman Brothers and the beginning of the financial crisis, and how Wall Street has steadfastly refused to learn from its brush with disaster. The major banks remain "too big to fail," which means the whole system is constantly in peril, and they have returned to the risky practices that created the crisis in the first place.

Arianna says: "We are still being held hostage. If we don't fundamentally change this corrupt system, we are basically going to be held hostage again."

She also discussed how this issue transcends the traditional political division of left and right: "This is not about left and right. In fact, on 'Morning Joe' you have Robert Reich agreeing with Pat Buchanan that something has to be done about Wall Street. So this is really something that is about the status quo versus the American public. And that's how we need to refocus the debate."

WATCH: (Scroll down for other related posts on the issue.)