John Bogle - The Battle for the Soul of Capitalism

The founder of Vanguard Securities, John Bogle, discusses his new book, The Battle for the Soul of Capitalism. In the last decade, the United States financial system has shaken our confidence. Few people have been more outspoken in calling for Wall Street to return to its place as a credible and transparent American institution than John Bogle. A zealous advocate for the small investor for more than fifty years, he knows that a trustworthy business and financial complex is essential to America's continuing leadership in the world. Bogle argues for a return to a governance structure, in which owners' capital that has been put at risk is used in their interests rather than in the interests of corporate and financial managers. Time magazine named Bogle one of the most influential people in the world. Bogle is a founding father of the National Constitution Center and Chairman of its Board of Trustees.