The secretive world of hedge funds has transformed our financial sector. Sebastian Mallaby, senior fellow at the Council on Foreign Relations and author of the new book More Money Than God: Hedge Funds and the Making of a New Elite, tells the history of how hedge funds became central to modern global finance – and weighs in on if they should be reigned in. And David Sanger, New York Times chief Washington correspondent discusses sanctions against Iran and if they’re effective. Plus, Anthony Bourdain; and the Immigrant World Cup.
→ New Facebook Home! "Like" Brian here.