"Are We Chumps?", "You Betcha"

"What I'm learning is that the highest officials in our land have proven to be less than capable in making decisions that affect the lives of so many Americans, that we've seen about faces, changes of strategy, no clear coherent strategy for fixing a world-shattering crisis."

Emma Coleman Jordan
On Bill Moyers Journal
Friday, December 12, 2008

Emma Coleman Jordan is a Georgetown University legal and finance scholar. She taught for twelve years at the University of California, Davis.

She began her teaching career at Stanford Law School as a teaching fellow. She has been active in the financial services field, serving as chair of the Financial Institutions Committee of the California State Bar, drafter of the statute to regulate bank check holding practices, and co-counsel in class actions challenging bank stop-payment fee charges.

Her article, "Ending the Floating Check Game" (1985), grew out of this involvement. She organized the Financial Institutions and Consumer Financial Services section of the Association of American Law Schools.

She was a White House Fellow in 1980-81, serving as special assistant to the Attorney General. She was counsel to Professor Anita Hill during the Clarence Thomas confirmation hearings.

She has been tracking the bailout hearings in Congress trying to find out what happened to the original $700 Billion dollar Wall Street bailout, where the money went, and where all the bailout money has been going since.

On Friday (last night December 12) Jordan spoke with journalist Bill Moyers on the PBS program Bill Moyers Journal, and took Moyers through recent news on the bailouts as big business begs for more, and about the web of connection behind the pending automakers bailout.

The program is about 30 minutes long, and the full transcript is available on the Bill Moyers Journal site, here.

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