Who's To Blame: Washington Or Wall Street?

摘要

It won't help anyone recoup the money lost in the housing bubble or the market crash or the recession, but there's a certain satisfaction in knowing where to put the blame. Pinning it all on CNBC's Jim Cramer, as Jon Stewart attempted to do, made for good television but doesn't offer much guidance in terms of future policy. With that in mind, Intelligence Squared US, which sponsors Oxford-style debates on matters of ethics and public policy, invited six authorities on the financial markets to discuss the proposition "Blame Washington more than Wall Street for the financial crisis." The panelists speaking for the motion were Niall Ferguson, a Harvard and Oxford historian and the author of "The Ascent of Money: A Financial History of the World"; John Steele Gordon, a financial journalist and author of "An Empire of Wealth: The Epic History of American Power"; andNouriel Roubini, a professor of economics at New York University.