Dialogue Program

Sundays at 10:30 AM ET on MHz Worldview

Today's Financial Crisis

Apr 06, 2009 to Apr 12, 2009

Kathryn Lavelle– Ellen and Dixon Long Associate Professor of World Affairs at Case Western University and a current Fellow of the Woodrow Wilson Center.

 

The worldwide financial crisis is described as being the worst since the Great Depression. A "perfect storm" of unregulated investment practices, aggressive trading and individual indiscipline led to a credit freeze that threatens banking systems worldwide. While a rapid and massive response is called for, it is uncertain that the "bailout" currently underway will work. Kathryn Lavelle explains what is at stake and what possible remedies exist.

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