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Did Greed Cause Markets To Tumble?

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Did Greed Cause Markets To Tumble?

Economy

Did Greed Cause Markets To Tumble?

Did Greed Cause Markets To Tumble?

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  • <iframe src="https://www.npr.org/player/embed/94667073/94667067" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

After the huge drop in the U.S. market Monday, markets in Europe and Asia tumbled as well. First, Madeleine Brand speaks with Henry Blodget, a former analyst for Merrill Lynch about what he sees as a culture of greed on Wall Street. Then, Alex Cohen talks with Slate.com's Jim Ledbetter about why he thinks the government should have bailed out Lehman Brothers. And finally, Madeleine Brand speaks with Motley Fool senior analyst Bill Barker about what the turmoil on Wall Street means for those of who are not investment bankers or stock brokers.