Joseph Stiglitz on Spain's Bank Bailout

Monday, June 11, 2012

Spain's sovereign risk premium shot to a fresh euro-era record on May 29, 2012, as Madrid announced new bonds to finance debt-struck regions and as banks scrambled to clean up bad loans. (Philippe Huguen/Getty)

Nobel Prize winning economist and Columbia University professor Joseph Stiglitz responds to the bailout of Spanish banks. His new book is called the "The Price of Inequality: How Today's Divided Society Endangers Our Future."

Guests:

Joseph Stiglitz

Produced by:

Javier Guzman and Elizabeth Ross

Comments [1]

Andrew from Brooklyn

What an unbelievable stupid interview! Hockenberry could hardly wait to get Nobel Prize winner Joseph Steiglitz off the line. Hockenberry should stick to computer game noises. Please isn't making WNYC AM unlistenable in the morning enough? WNYC should not try for the greatest common denominator to expand its listeners. Leave that to conservative talk radio.

Jun. 11 2012 04:22 PM

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