from: Charlie Rose, Inc.
You Pay Only: $24.95 Prices subject to change.
Availability: Usually ships in 24 hours
Binding: DVD
EAN: 0883629571317
Format: NTSC
Label: Charlie Rose, Inc.
Manufacturer: Charlie Rose, Inc.
Publisher: Charlie Rose, Inc.
Release Date: September 18, 2008
Running Time: 57 minutes
Sales Rank: 114076
Studio: Charlie Rose, Inc.
Editorial Review:
Amazon.com:
A discussion about the crisis on Wall Street with Lawrence Summers, Andrew Ross Sorkin of The New York Times Charles Gasparino of CNBC, Josh Rosner of Graham Fisher & Co. and Nouriel Roubini. Lehman Brothers, the fourth-largest US investment bank, has filed for bankruptcy protection, stock markets and the US dollar have tumbled in reaction to Lehman's collapse.
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Customer Reviews
Average Rating: 
Rating: - Dark day on Wall Street discussion
Lehman Brothers bankrupted and Merril Lynch sold itself to Bank of America, while AIG's position remained threatening. The stock market went down five hundred points, and took global markets with it. Charlie Rose opens by asking former Treasury Secretary Larry Summers what this is about, and what to do about it. Summers gives the impression the crisis is managable, and makes recommendations for stimulating the economy. After him come Sorkin, Rosner and Nouriel. Nouriel was right about the financial system's weakness. He gives a disquistion on why everything is going downhill. He talks about the financial crisis effecting the real economy. He says if the situation goes global it will mean unrest in a good many countries. Rosner focuses on the need for transparency in the financial system. All those who discuss the situation seem pessimistic about the near- term future.
This was a program with a lot of interesting analysis, none of which will however make any one happy.
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