On Monday's Majority Report with Sam Seder, Matt Taibbi explains the myth of JP Morgan Chase as the “one good bank”, why too big to fail is the problem, why Washington is finally getting fed up with Wall Street, how Wall Street miscalculated the 2012 election, how JP Morgan Chase hides losses and commits regular acts of financial fraud and is genuine Wall Street reform possible now?

Chris Hedges at Culture Project's IMPACT 2012 Festival from Deep Dish TV on Vimeo.

Chris Hedges, Pulitzer Prize-winning journalist, author, and war correspondent speaks about his latest book, "Days of Destruction, Days of Revolt", the economy, government, banks, and the Occupy movement.

This is a part of Culture Project's "Conversation on Economy", filmed on July 25, 2012 at the IMPACT Festival.

The panel was moderated by Sam Seder and included Robert Johnson, Taylor Jo Isenberg, Patrick Markee, and performances by The Civilians.