AirTalk for May 13, 2009

The Roots of the Financial Crisis

Although the roots of our current global economic crisis began years ago, the effects continue to take its toll on Americans today. But how did we get into this mess? There is no neatly wrapped answer for such a complicated question, but one author helps us take a stab at understanding it. In Fools Gold, author Gillian Tett explains how the best, brightest and noblest minds of J.P. Morgan fought to extricate themselves from the pervasive greed of other financial institutions that ultimately led to both the misuse and abuse of the system they helped create. Larry talks with Tett about her new book.


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