When you buy a new kitchen appliance, you wouldn’t want to worry about it bursting into flames. Indeed, in most economically developed countries, you can depend on your government to keep dangerous products off the market. And yet, the US government is failing to live up to its responsibility of protecting consumers when it comes to financial products, as Michael Lewis illustrates in this episode of his Against the Rules podcast series. Whether you are still paying off student loans, have been a victim of identify theft or simply take a personal interest in consumer protection, you will find this podcast episode highly disconcerting.
About the Podcast
In his seven-part podcast series Against the Rules, journalist and best-selling author Michael Lewis takes a searing look at what’s happened to fairness – in financial markets, newsrooms, basketball games, courts of law, and much more.