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The Sound of Ideas

Bank Failures and the New New Economy

Posted Tuesday, September 16, 2008

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Lehman Brothers' files for Chapter 11, Merrill Lynch is sold to Bank of America, AIG is said to be on the brink--this past weekend marks perhaps the biggest financial shakeup in 70 years. Analysts are using phrases like "tectonic shift," "outsized industry deleveraging" and "fire sales," but it's not really clear what it all means. On our program, we'll help you get a handle on what's happening to Wall Street's giants and what impact it might have on our day to day lives. Join us Tuesday morning at nine on 90.3.

Tags

Economy, Facing the Mortgage Crisis, Regional Economy/Business - Analysis and Trends, Regional Economy/Business - News

Guests

Leroy Brooks, professor of finance, John Carroll University
Steve Fraser, author of Wall Street, America's Dream Palace
William Mahnic, lecturer in business, banking and finance at the Weatherhead School of Management, CWRU
David Weidner, reporter for MarketWatch

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Every weekday at 9:00 AM (EST), The Sound of Ideas reports the news, explains the news, and sometimes makes news. The Cleveland Press Club awarded it “Best Radio Show” in Ohio and thousands daily find it to be an indispensable source of information about what’s most important to Northeast Ohioans.

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