Elizabeth Warren: The market is broken [View all]

NEW YORK (CNNMoney)
Senator Elizabeth Warren says she picked up a lot of her feistiness from reading Nancy Drew novels as a kid. Today she believes the most important mystery to solve is how to get the American economy working for someone other than billionaires.

It's a message she's been taking all over the country, and she isn't afraid to call banks, credit card companies and some employers cheats and tricksters.

"The biggest financial institutions figured out they could make a lot of money by cheating people on mortgages, credit cards and payday loans," she told a packed auditorium at the Graduate Center of the City University of New York, where she spoke alongside New York Times (NYT) columnist Paul Krugman.

The Democrat from Massachusetts even said the market is broken in many regards.

"This is about getting markets to work for real people," she said.

more

http://money.cnn.com/2014/09/05/news/economy/elizabeth-warren-market-broken/index.html?hpt=hp_t2