« Forget the Credit Crunch, the Real Problem Is a 'Trust' Deficit | Main | ANNOUNCEMENT: Deadline for Knight News Challenge Approaching »

Nightmare on Wall Street

October 22, 2008

I don't consider myself an alarmist, but the Paul Solman segment on last night's NewsHour With Jim Lehrer has got to be one of the scariest ten minutes of television I've seen in a while. In it, Solman talks with economist Nassim Nicholas Taleb, author of The Black Swan: The Impact of the Highly Improbable, and his mentor, mathematician Benoit Mandelbrot, about chain reactions and the current financial crisis. You might want to watch this one with a friend....

(Click for streaming video)


-- Mitch Nauffts

« Previous post    Next post »


Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.

Quote of the Week

  • "[L]et me assert my firm belief that the only thing we have to fear is...fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance...."

    — Franklin D. Roosevelt, 32nd president of the United States

Subscribe to PhilanTopic


Guest Contributors

  • Laura Cronin
  • Derrick Feldmann
  • Thaler Pekar
  • Kathryn Pyle
  • Nick Scott
  • Allison Shirk

Tweets from @PNDBLOG

Follow us »

Filter posts