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Charlie Rose Tonight - The most fascinating explanation of the current global economic crisis

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Dover Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-04-11 12:02 AM
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Charlie Rose Tonight - The most fascinating explanation of the current global economic crisis
Edited on Tue Oct-04-11 12:13 AM by Dover
I have heard yet. Charlie interviews author Michael Lewis who has a unique and fascinating perspective on
the current situation around the world and the players. His lens in sociological more than economic and
he looks at everything from the current Wall Street occupation to why Iceland, Ireland and Greece are responding
so differently to the economic crisis. Tune in if you're on the West Coast or wait until they post the show
on Charlie Rose's website and check it out. It is enlightening.

http://www.charlierose.com/guest/view/1487


On edit: You can also watch previous interviews with Michael Lewis on C. Rose's website at the above link.
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Rhiannon12866 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-04-11 12:11 AM
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1. Thanks so much for pointing this out... K&R!
:thumbsup: :hi:
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golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-04-11 12:20 AM
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2. There are 3 obvious reasons for the financial fiasco
1. Repeal of Glass-Steagall
Which enabled bankers to gamble on risky derivatives with our deposits

2. Fanny Mae & Freddie Mac which bought all sub-prime they were offered.

3. Too much debt every where...Federal, many states especially California, and individual debt sky high.
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Dover Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-04-11 04:34 PM
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3. Here it is! They've posted it >>>
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