Streams

 

Wall Street

The Leonard Lopate Show

Microseconds Matter: Michael Lewis on High-Frequency Trading

Wednesday, April 23, 2014

How one group of guys figured out that the stock market was being rigged for the benefit of insiders.

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The Takeaway

From Wall Street to the Trailer Park

Thursday, April 17, 2014

For around 12 million Americans, a trailer park home is simply the best bet financially. That's why two former Wall Street investment bankers are getting into the business.

Comments [10]

WNYC News

Are Stockbrokers Becoming an Endangered Species in New York?

Wednesday, April 16, 2014

New York City has a record number of jobs. But well-paying jobs on Wall Street are disappearing.

Comments [1]

The Takeaway

A Look at Sleep Deprivation—Wall Street Style

Wednesday, April 02, 2014

In the city that supposedly never sleeps, it’s not nightlife that’s preventing people from getting their Z’s: It’s more work. That’s certainly the case on Wall Street, which has long been known for marathon work-weeks.

Comments [4]

WNYC News

Confessions of an Over-Caffeinated Trader

Wednesday, April 02, 2014

For years, Rhoden Monrose woke up at 4:30 every day and relied on energy shots to get him through his job as a derivatives trader. Now, he’s trying to save the legions of weary Wall Streeters making themselves sick from lack of sleep.

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WNYC News

Bank of America Settles With New York AG

Wednesday, March 26, 2014

An end to the last major lawsuit over Bank of America's 2008 acquisition of Merrill Lynch. And a three-year ban for the bank's former CEO.

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WNYC News

Ka-Ching! Bigger Bonuses on Wall Street

Wednesday, March 12, 2014

Big banks generously reward employees for a good year.

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The Brian Lehrer Show

The Seven Sins of Wall Street

Wednesday, March 12, 2014

Bloomberg News reporter and author of The Seven Sins of Wall Street: Big Banks, their Washington Lackeys, and the Next Financial Crisis, Bob Ivry, discusses his reporting on how banks have re-grouped since the 2008 crisis, and in many ways not learned their lessons.

Comments [45]

The Takeaway

Young, Rich and Working on Wall Street

Thursday, February 20, 2014

Wall Street is a place that's hard to make your way into and even harder to find your way out of. Kevin Roose recently sneaked his way into a black tie Kappa Beta Phi event and wrote about this experience for New York magazine. He found that young inductees to Wall Street are entering a very different environment today than a decade ago. He explores this new generation of Wall Streeters, and the culture of fear and extravagance that accompanies the job.

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The Brian Lehrer Show

The New Faces of Wall Street

Tuesday, February 18, 2014

Long hours, a little bit of moral ambiguity, and Excel spreadsheets - always Excel spreadsheets. Wall Street has a new generation - the bankers who were recruited after the 2008 crash - who are changing the industry's morals after the financial collapse.

Comments [16]

The Leonard Lopate Show

Are Wall Street Regulations Effective?

Monday, February 17, 2014

The financial meltdown in 2008 triggered nationwide outcry over the lack of regulation and oversight on Wall Street. But how much has changed since then? Leonard interviewed Larry Doyle about that in January, and we're re-airing the conversation today. Doyle argues that Wall Street, politicians, and the regulators themselves have conspired for personal and industry-wide gains while failing to protect investors, consumers, and taxpayers. In In Bed with Wall Street discusses recent scandals, such as the multi-billion dollar trading losses at JP Morgan Chase, the manipulation of interest rates via the LIBOR scandal, and money laundering with North American drug cartels and rogue nations such as Iran.

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The Leonard Lopate Show

Anjelica Huston; 85 Years of the Academy Awards; Amnesia; Regulating Wall Street

Monday, February 17, 2014

On today’s show we’re replaying some favorite recent interviews: Anjelica Huston talks about growing up the child of actor and director John Huston, her mother’s untimely death, and finding her own way in the entertainment industry. Turner Classic Movies host Robert Osborne tells us about the history of the Academy Awards. David MacLean describes coming to on a train platform in India with no idea of who he was or how he got there. Larry Doyle on how—5 years after the financial meltdown—Wall Street’s regulators are still failing to protect investors and taxpayers.

The Leonard Lopate Show

College Competition and Student Loan Debt

Thursday, January 30, 2014

Laura Newland examines the hypercompetitive battle for internships and the economic pressures—student loans, the daunting cost of graduate degrees, high unemployment—at the nation’s elite universities. She argues that these economic pressures have fueled a Wall Street recruiting machine that is winning over the best and the brightest. In Chasing Zeroes: The Rise of Student Debt, the Fall of the College Ideal, and One Overachiever’s Misguided Pursuit of Success, she writes about her own experiences with college debt and the lure of finance, and looks at higher education and the tension between ambition and debt.

Comments [6]

The Leonard Lopate Show

In Bed with Wall Street

Wednesday, January 22, 2014

The financial meltdown in 2008 triggered nationwide outcry over the lack of regulation and oversight on Wall Street. But how much has changed since then? Larry Doyle argues that Wall Street, politicians, and the regulators themselves have conspired for personal and industry-wide gains while failing to protect investors, consumers, and taxpayers. In In Bed with Wall Street discusses recent scandals, such as the multi-billion dollar trading losses at JP Morgan Chase, the manipulation of interest rates via the LIBOR scandal, and money laundering with North American drug cartels and rogue nations such as Iran.

Comments [18]

The Leonard Lopate Show

Toxic Dust in the SW; Covering the Conflict in the Congo; Recovering from Amnesia; Shortcomings of Wall Street Regulators

Wednesday, January 22, 2014

On today’s show New Yorker staff writer Dana Goodyear talks about a toxic soil-dwelling fungus that’s causing infections in the Southwestern United States. Anjan Sundaram tells what happened when he left his doctorate program in mathematics to work as a stringer for the AP covering the war in the Democratic Republic of Congo in 2006. David MacLean describes waking up on a train platform in India with no idea of who he was or how he got there. Larry Doyle explains how—five years after the financial meltdown—Wall Street’s regulators are still failing to protect investors and taxpayers.

The Takeaway

Money Addiction: How Much Is Enough?

Tuesday, January 21, 2014

Wealth can be a tool for investment, for development and even for change. But wealth can also be an end in itself—becoming an addiction. That was the case for Sam Polk, a former hedge fund manager. In his last year on Wall Street, Polk earned a $3.6 million bonus. He felt it wasn't enough. Today, Polk explores why Americans love and possibly have an addiction to money.

Comments [15]

Money Talking

Helping Ordinary Americans Focus Of Fed Under Janet Yellen

Friday, January 10, 2014

Janet Yellen will be the first woman to head the the Federal Reserve when she takes over at the end of January.  How much will the world's most powerful central bank change under her leadership?

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WNYC News

Goodbye to Unfair Trader Advantage, Says NY AG

Thursday, January 09, 2014

WNYC

New York Attorney General Eric Schneiderman announced a major reform in how traders and investment firms use analyst survey reports.

Market analysts study companies extensively and know key metrics before most investors. So if investors could survey analyst reports ahead of other customers, it would give these traders an unfair ...

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The Leonard Lopate Show

Frontline's “To Catch a Trader”

Tuesday, January 07, 2014

Frontline correspondent Martin Smith talks about his documentary “To Catch a Trader,” which goes inside the government’s ongoing, seven-year crackdown on insider trading. It draws on video of hedge fund titan Steven A. Cohen, incriminating FBI wiretaps of other traders, and interviews with both Wall Street and Justice Department insiders. "To Catch a Trader" is airing January 7 at 10 pm on PBS.

Comments [12]

The Brian Lehrer Show

Does the Wolf Glorify Wall Street's Culture?

Monday, January 06, 2014

The Wolf of Wall Street depicts drugs, sex and financial misdeeds - portraying the true story of disgraced Jordan Belfort. NY Times film critic A.O. Scott and Bloomberg Businessweek's Sheelah Kolhatkar, talk about the debate over whether the film glorifies Wall Street excess, and what legal and financial lessons the movie holds.

Comments [16]