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The Business Desk with Paul Solman

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Simon Johnson on Whether Wall Street Has Changed

Paul Solman: MIT's Simon Johnson, former chief economist at the IMF, is a frequent contributor to the NewsHour and this page. He's also coauthor of a blog on the financial crisis, The Baseline Scenario, which has, in the words of Paul Krugman, "become a must read."

Since Johnson comes to Boston regularly, where I'm located and a camera is within easy reach, we've decided to check in with him regularly on key questions of MINE...and yours as well. One last reason to make him a video regular here: He's about as charming and clear an economic talker as I've ever encountered. And I've encountered more than a few economic talkers in the past 32 years.

In the clip below, I ask Johnson for his thoughts on whether the proposed bank regulations will work and if he believes that American 'oligarchs' still run Wall Street. A few annotations: This interview took place a few weeks ago. Jamie Dimon is the CEO of JPMorgan Chase.

-- Posted July 13, 2009 | Comments (3) | Permalink

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3 Comments

Peggy Conroy said:

Could you please include a print version of interesting interviews such as this? Many of us have dial-up and can't do videos.


 
Drew said:

Please use QuickTime! It's vastly SUPERIOR!

1. I could not scrub the play head to rewind.
2. The volume was so low I could not hear it and had to put my head to my computer.
3. This didn't work because EVERY FLASH PLAYER is horribly inefficient and burns up my CPU causing the fans to turn on, thus making it even harder to hear.
4. I had to reload the page to see it again, this time the play head would scrub.

Flash stinks.


 
John W. Cone said:

I like the program. It was not loud enough for me. I, too, would like to see a transcript.


 

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