Fri, 30 December 2022
1941 FBF: ‘The End of Wall Street’ with Roger Lowenstein of the Wall Street Journal’s ‘Heard on the Street’ Column
Today's Flashback Friday is form episode 237 published last 27 January 2012.
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Join Jason Hartman as he interviews author and financial journalist Roger Lowenstein regarding the history of Wall Street’s demise. Roger talks about the increases in choice, risk, hedging, more volatility, and how free markets are open to speculation, greed, fear and manipulation. There are more markets today susceptible to booms and busts. In the old days, local bankers determined loan eligibility. Today, bankers internationally, who don’t know anything about their clientele, determine eligibility, often to the detriment of the borrowers.
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Direct download: 1941_FBF__CW_237_The_End_of_Wall_Street_with_Roger_Lowenstein_of_the_Wall_Street_Journals_Heard_on_the_Street_Column_v1.mp3
Category:general -- posted at: 1:00pm EDT