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Focusing on Wall Street's Future

Charles Solomon, a trader with Barclay's, reviews stock information on a monitor during late trading at the New York Stock Exchange, Thursday March 18, 2010. (AP)

Wall Street bankers, grilled again in Washington this week.

The devastation from Wall Street’s epic failure in our time rolls on and on. The work to prevent a repeat is more halting.

Super investigative journalist Roger Lowenstein has gone deep into the story of where Wall Street went wrong. Now, he’s holding the failings up against proposed fixes, and seeing way too many unaddressed problems.

A great, flawed era of Wall Street ways should be coming to an end, he says. But is it?

This hour, On Point: Roger Lowenstein on the future of American finance.

Guest:

Roger Lowenstein, contributing writer for The New York Times Magazine and former reporter for the Wall Street Journal. He is author of “When Genius Failed: The Rise and Fall of Long-Term Capital Management” and “Buffett: The Making of an American Capitalist.” His new book is “The End of Wall Street.”

You can read an excerpt from Lowenstein’s new book.

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ONPOINT
TODAY
Oct 20, 2014
A statue of President Franklin Delano Roosevelt on New York City's Roosevelt Island. (Flickr / Alexisrael)

Greatness and the American Presidency. Aaron David Miller says aim for good. Really good.

Oct 20, 2014
In this Oct. 2, 2014 photo, patrons line up for “Nightmare: New York,” a haunted house attraction in New York. (AP)

Afraid of snakes? Heights? Ebola? We’ll unpack the science of fear.

RECENT
SHOWS
Oct 17, 2014
Jazz violinist Regina Carter. (Courtesy of the Artist)

Regina Carter turns her jazz violin down home with her new album “Southern Comfort.”

 
Oct 17, 2014
U.S. Senate Minority Leader Mitch McConnell (R) Ky., center, and Democratic opponent, Kentucky Secretary of State Alison Lundergan Grimes, rehearsed with host Bill Goodman before their appearance on "Kentucky Tonight" television broadcast live from KET studios in Lexington, Ky.,Monday, Oct. 13, 2014. (AP)

The CDC in the hot seat on Ebola. Markets reeling. Mid-term fireworks. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
Introducing The Explicast: A New Podcast From On Point Radio
Friday, Oct 17, 2014

Confused about the news? Don’t worry: so are we sometimes! Introducing a new On Point Radio podcast: The Explicast. You can find Episode One right here.

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Two LIVE Tracks From Jazz Violinist Regina Carter
Friday, Oct 17, 2014

Regina Carter shares two live tracks — one arrangement, and one original composition — with Tom Ashbrook in the On Point studio.

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Our Week In The Web: October 17, 2014
Friday, Oct 17, 2014

We talk Facebook mishaps, whether Katy Perry was actually right and the glory of architectural giants and their iconic windows.

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