On today’s show: William Julius Wilson addresses the stereotypes of poverty and race. Then, a look at the role New York City merchants played in the French and Indian War. And, a novel about a man’s obsessive search for family art that was looted by the Nazis. Plus, our latest Underreported segments investigate the banks attached to General Electric and German car companies. We’ll even take a quick look at a bailout for the Italian fashion industry.
More Than Just Race
Acclaimed sociologist William Julius Wilson creates a new framework for understanding the links between race and poverty in his new book More Than Just Race. Wilson tries to explain racial economic and social inequality by synthesizing the cultural and institutional factors that create it.
Trading With the Enemy in Colonial New York
In the 18th century a small group of New York based merchants defied British law and traded with the French; who were fighting the Seven Years War. In his book, Defying Empire, Thomas Truxes looks at this largely unknown story and explains how illicit trade with the French played ...
Looking for Looted Art
In Sarah Houghteling’s novel Pictures at an Exhibition a young man becomes obsessed with recovering his family’s lost art masterpieces, which were looted by the Nazis.
Event: Sara Houghteling will be speaking and signing books
Thursday, March 26 at 6:30 pm
The Jewish Museum
...
Underreported: GE Capital
When you think about General Electric light-blubs and washing machines come to mind. But in 2007 GE Capital, the conglomerate’s financial services division, accounted for 55% of GE’s total profit. Justin Baer is US Business Reporter with the Financial Times and will explain just what GE Capital does and why ...
Underreported: German Car Banks
In Germany, savers are pulling their money out of traditional banks and depositing the money into German Car Banks. BMW’s Bank has seen deposits jump almost 70% over the past five months and the cash infusion is helping the company cope with the frozen credit markets. Jonathan Rosenthal is European ...
Underreported: Give us Armani
Italy is the second largest exporter of clothing in the world and the nation's fashion industry employs some 800,000 people. Much like the rest of the global economy, the industry is hurting. The solution? The Italian government is offering financial help to its fashion houses in the form of a ...

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