It's been a little over a year since the Wall Street meltdown and the largest corporate bailout in US history -- $700 billion to bail out the financial industry. Today, the too-big-to-fail banks are returning to profitability as the real economy appears to be entering what many economists are calling a "jobless recovery." Housing foreclosures and job loss continue. Through all of this, no significant action has been taken by President Obama or the Congress to regulate the financial industry, whose shenanigans are one of the cornerstones of the current economic collapse. What of the proposal put forward by the Obama Administration, the recent proposal by Senator Christopher Dodd, and by organizations like Americans for Financial Reform. Eric Mann talks with Heather Booth, long-time community organizer and progressive leader and current Executive Director of Americans for Financial Reform. We also talk with Jim Crotty, expert on  international finance and Professor of Economics at the University of Massachusetts.