To the Point
Wall Street, Main Street and Economic Crisis
Wall Street's received a lot of the blame for the financial crisis, but taking advantage good deals is an American tradition. We look at Main Street's contribution to the nation's economic troubles. Also, the challenges President-elect Obama has inherited, and regrets and betrayals in New York's High Society.
By Warren Olney • • 1h 0m ListenWall Street's received a lot of the blame for the financial crisis, but taking advantage good deals is an American tradition. We look at Main Street's contribution to the nation's economic troubles. Also, the challenges President-elect Obama has inherited, and the decline and fall of the social empress of New York Society.
In this episode
2 storiesObama's 'Inheritance'
In three weeks, President-elect Barack Obama will be the world’s most powerful public official, faced with rising threats from all over the world. David Sanger, chief Washington correspondent for the New York Times, has a timely book out, The Inheritance : The World Obama Confronts and the Challenges to American Power.
Read the story6 minMrs Astor Regrets
Brooke Astor was Queen of the New York's high society almost until she died at the age of 105, but her last years read like a soap opera. Her only son, Anthony Marshall, who's 84, is heading to court on charges of grand larceny, conspiracy, forgery and possession of stolen property, all stemming from the way he handled his mother's affairs.
Read the story9 min
