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
Feb 11, 2016
In this Oct. 21, 2013, file photo, Vern Lund, president of Liberty Mine in central Mississippi near DeKalb, Miss., holds some of the lignite coal planned for use in the nearby Mississippi Power Co. carbon capture power plant. (AP Photo/Rogelio V. Solis, File)

The Supreme Court hits the brakes on the heart of President Obama’s push to fight global warming. We’ll dig in.

Feb 11, 2016
A sampling of same of the great books author David Denby thinks could help encourage young readers to love books. (National Post)

David Denby on the 24 great books that can bring even today’s kids to reading. And maybe you, too.

RECENT
SHOWS
Feb 10, 2016
In this Feb. 1, 2016 photo, a technician from the British biotec company Oxitec, inspects the pupae of genetically modified Aedes aegypti mosquitoes, a vector for transmitting the Zika virus, in Campinas, Brazil. (AP Photo/Andre Penner)

Taking on the Zika virus, from tackling the disease itself, to killing the mosquitoes that carry it to the challenge of birth control.

 
Feb 10, 2016
Democratic presidential candidate Sen. Bernie Sanders, I-Vt., waves to the crowd before speaking during a primary night watch party at Concord High School, Tuesday, Feb. 9, 2016, in Concord, N.H. (AP Photo/John Minchillo)

The winners and losers in New Hampshire, and the path ahead in the presidential primary race.

On Point Blog
On Point Blog
Notes From New Hampshire, #9: Remedy Or Replica?
Wednesday, Feb 10, 2016

Jack Beatty offers one last note from New Hampshire, and looks beyond to the primary races yet to come in both parties.

More »
Comment
 
Tom Ashbrook’s Note From New Hampshire
Tuesday, Feb 9, 2016

Fresh off the New Hampshire Presidential Primary results, host Tom Ashbrook reflects on his trip to New Hampshire, and on what comes next in the race to the White House.

More »
Comment
 
Notes From New Hampshire, #6: Bernie v. Hillary — The Electability Debate
Monday, Feb 8, 2016

Bill and Betty are not real New Hampshire voters. But their arguments about the Democratic race for President most certainly are.

More »
Comment