The city of Milan has decided to strike back by charging four banks with fraud. The banks, as a matter of course, deny any wrongdoing.
Marije Meerman visits Milan and the village Polino Italy and travels to the US, where she speaks to writer/journalist Matt Taibbi (Rolling Stone, Griftopia), investor/blogger Reggie Middleton (Boombustblog) and former IMF economist Simon Johnson (13 Bankers: The Wall Street Takeover and the Next Financial Meltdown).
All over Europe, governments dressed up their accounts by buying exotic financial products from major investment banks. Then came the crash. Debt and Redemption shows how local authorities in Italy are struggling with the disastrous aftermath of their deals.