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Nocera on the Crisis and All the Devils Are Here
Nocera on the Crisis and All the Devils Are Here
ratings:
Length:
61 minutes
Released:
Dec 20, 2010
Format:
Podcast episode
Description
Joe Nocera, New York Times columnist and co-author with Bethany McLean of All the Devils Are Here, talks with EconTalk host Russ Roberts about the origins of the financial crisis. Drawing on his book, Nocera identifies many people he considers devils for contributing to the crisis and a few angels who tried but failed to stop it. The discussion covers the history and development of securitization and the peculiar incentives created by securitization and the relative lack of regulation of the securitization process. The conversation also includes a discussion of whether past bailouts contributed to the crisis.
Released:
Dec 20, 2010
Format:
Podcast episode
Titles in the series (52)
Spence on Growth by EconTalk Archives, 2010