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Wall Street Culture
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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.

 
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