90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Michael Lewis & Bethany McLean: Is Wall Street Clean?

After the financial crash and bailouts and commissions, did we clean up Wall Street? We ask Michael Lewis and Bethany McLean.

A pair of traders work on the floor of the New York Stock Exchange, Jan. 28, 2011. (AP)

A big federal report came out last week on the 2008 financial meltdown that blew up the American economy. The report got rolled over by Egypt news, but its issue is still wrapped around all of our necks.

The meltdown was avoidable, it said. And if we don’t recognize that and act differently, it will happen again.

So, has Wall Street really changed?

Michael Lewis wrote Liar’s Poker and The Big Short. He’s with us. Bethany McLean uncovered Enron and co-authored the not new All the Devils are Here: The Hidden History of the Financial Crisis. She’s here, too.

We look at Wall Street now.

-Tom Ashbrook

Guests:

Michael Lewis, award-winning author, financial journalist, and contributing editor to Vanity Fair. His best-selling book about the financial crisis, The Big Short: Inside the Doomsday Machine, is out in paperback.

Bethany McLean, contributing editor to Vanity Fair and a contributor to Slate magazine. She’s co-author, with Joe Nocera, of All the Devils Are Here: The Hidden History of the Financial Crisis. She also is a former editor-at-large and columnist at Fortune magazine, where she broke the story of corrupt business practices at Enron.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Nov 20, 2014
In this file photo, Hillsborough Sheriff deputy patrols outside the gate of JP Morgan Chase annual stockholders meeting held Tuesday, May 15, 2012, in Tampa, Fla. JP Morgan is one of several large financial institutions currently under investigation for alleged violation of Federal bankruptcy laws. (AP)

You’re supposed to have a clean slate after bankruptcy. But that’s not always true. We’ll ask what’s going on.

Nov 20, 2014
A shot from the AMC reality series, "Freakshow." (Jessica Brooks / AMC)

From TV to Broadway, circus sideshows — freak shows — are having a big cultural moment. What’s the history behind the comeback?

RECENT
SHOWS
Nov 19, 2014
In a Friday, March 2, 2012 file photo, Donnie Dawson, 20, left, attends a youth advocacy group meeting at the Ruth Ellis Center, a drop-in shelter for LGBT - lesbian, gay, bisexual or transgender youth in Detroit. (AP)

Up to 40 percent of homeless young people are LGBTQ. We’ll hear their stories.

 
Nov 19, 2014
Ultra-Orthodox Jews attend the funeral of Mosheh Twersky, in Jerusalem, Tuesday, Nov. 18, 2014. Two Palestinian cousins armed with meat cleavers and a gun stormed a Jerusalem synagogue during morning prayers Tuesday, killing Twersky and three others in the city's bloodiest attack in years. (AP)

New violence in Jerusalem. The building battle for the Holy City.

On Point Blog
On Point Blog
The Explicast, Episode Five: What Is Net Neutrality?
Friday, Nov 14, 2014

The Explicast dives into tech policy territory with a quick look at the real meaning of a complicated bit of tech policy known as ‘Net Neutrality.’

More »
2 Comments
 
Our Week In The Web: November 14, 2014
Friday, Nov 14, 2014

On why we tweet, what we like and a Miley Cyrus and “Serial” theme song mashup you never knew you needed.

More »
Comment
 
Guest Post: U.S.-China Climate Deal is an Important Step In Long Road Ahead
Wednesday, Nov 12, 2014

After a landmark agreement between the US and China on climate change policy and clean energy development, a recent On Point guest reflects on what’s important in this new deal.

More »
Comment