By host Tom Ashbrook:
The big word in the lead headline in the Wall Street Journal today: crisis. The markets have been on fire for weeks now, and not in a good direction. Nobody knows what’s coming next.
But suddenly there’s harsh, bright light on where we’ve just been. Too much lending, too fast and loose. Bubble country.
A new novel based on the insights of an unlikely Wall Street insider tells the story of the age of hedge funds and private equity and the billion-dollar games that traders play.
This hour On Point: wild days in the markets, and the confessions of a Wall Street shoeshine boy.
Guests:
Doug Stumpf, author of “Confessions of a Wall Street Shoeshine Boy” and editor at Vanity Fair
Roben Farzad, Wall Street editor for BusinessWeek
Murilo “Junior,” shoeshine worker on Wall Street trading floor.
