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Charles Gasparino: The Sellout and the 30 Years that Led Up to the Financial Crisis

Join us this Sunday, August 8th at 12 noon on KERA, Channel 13 for McCuistion TV’s episode, Charles Gasparino’s The Sellout: 30 Years That Led Up to the Financial Crisis.

Joining host Dennis McCuistion is Charles Gasparino. Gasparino is a critically acclaimed investigative journalist, CNBC TV personality and author of The Sellout: 30 Years That Led Up to the Financial Crisis.

Gasparino goes back to 1980 and how Wall Street’s “love affair” with risk precipitated the financial meltdown of today. He talks about the advent of mortgage-backed securities, the packaging of mortgages to bonds and the selling of those to Wall Street. Gasparino comments on the bond market situation in 1986 and how Alan Greenspan, the former Chairman of the Federal Reserve Bank, lowered interest rates in 1987 and bailed out Wall Street. And, the situation goes on, he claims, with no end in sight.

Stay tuned for a riveting and disturbing story that will be continued next week…

All McCuistion TV episodes can be found in the program directory, where you can both watch the videos and interact with the McCuistion team and other viewers. You can also follow McCuistion TV on Twitter.

News Updates: BP, Health Care and Volvo
Charles Gasparino: The Sellout and the 30 Years that Led Up to the Financial Crisis