Category Archives: Media



Diana Henriques talked about her book, A First-Class Catastrophe, about the worst day in stock market history. On that day, October 19, 1987, the market lost 22 percent of its value. She spoke with Bloomberg View columnist Joe Nocera.

See the video.

WNYC Interview on Black Monday Anniversary


“We came so close to a system cracking meltdown, fuse blowing crisis.”

On October 19, 1987, the Dow Jones had its biggest one-day drop in Wall Street history. On the 30th anniversary of the crash, WNYC looks at the causes of “Black Monday” and what it reveals about the fissures that still plague our financial system. Crash Course is supported by the Park Foundation.

Link to the full series.

Marketplace Interview

“What we have failed to recognize is we’re regulating as if we still have this mom-and-pop stock market where stocks trade over here, and bonds trade over there, and derivatives trade over here. That’s gone with the wind. That is not coming back. It was gone before Black Monday.”

See the article page here.