British writer and journalist, Anthony Sampson discusses his book, "The Sovereign State of ITT". Mr Sampson converses with Studs about the book, the ITT(International Telephone and Telegraph) Corporation and the weakening of the authority of traditional national governments by the multinational corporations/conglomerates. Mr Sampson, speaks in-depth about Harold Geneen the President CEO of ITT, and his involvement in collusion with the GOP and Richard Nixon to avoid an anti-trust lawsuit with large campaign contributions.