Monday, September 22, 2008

Biggest story in 80 years....

The following link is video interview between Billy Moyers and New York Times columnists Gretchen Morgenson and Flyod Norris. Gretchen Morgenson writes the MarketWatch column for the Sunday NEW YORK TIMES and Floyd Norris is the paper's chief financial correspondent. If the video won't work properly, check out the transcript of the discussion immediately below the video window.

In the aftermath of last weeks financial disasters I failed to find an article/discussion that fully captures the gravity and repurcussions of such a historic event...until I came across this video. Although the discussion occasionally falls outside my scope of financial knowledge, the interview is easy to follow and summarizes the devestating outcomes.... the effects of which we will deal for years to come.