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Fri, Aug 5, 2011 -- 9:00 AM

Stock Market Plunge


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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.
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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