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Fri, Aug 5, 2011 -- 9:00 AM
Stock Market Plunge
Stan Honda/AFP/Getty
A trader works on the floor of the New York Stock Exchange on August 4, 2011. The Dow Jones Industrial Average plunged 4.3 percent Thursday, its worst one-day drop in more than two years.
Stock markets took a dramatic dive on Thursday, sparked by fears of growing economic turmoil. Is the economy headed for another recession? We analyze recent developments.
Host: Dave Iverson
Guests:
- Christopher Thornberg, founding principal of Beacon Economics
- Joseph Grundfest, former commissioner for the Securities and Exchange Commission, professor of law and business and co-director of the Rock Center on Corporate Governance at Stanford Law School and a former director for Oracle
- Lawrence White, professor of economics at the Leonard N. Stern School of Business at New York University
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