Background Briefing has a new home at BackgroundBriefing.org.
Please visit and bookmark the new site. You can search show archives here.
Background Briefing has a new home at BackgroundBriefing.org.
Please visit and bookmark the new site. You can search show archives here.
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We begin with the fallout on Wall Street from the new book “Flash Boys” by Michael Lewis and the recent “60 Minutes” expose of high speed trading that reached the conclusion that the stock market is rigged. William Cohan, the author of “Money and Power: How Goldman Sachs Came to Rule the World”, and a contributing editor at Fortune and a writer for Vanity Fair and The New York Times, joins us to discuss Wall Street’s rigged system that allow favored investors to pay hundreds of millions of dollars to locate their computers close to stock exchange data centers so they can trade milliseconds ahead of ordinary investors thus front-running the market.
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Then we get an update from David Gleave, a chief investigator for Aviation Safety Investigations and an expert with the Transport Research Group at Loughborough University in the U.K. Weeks ago when the Malaysian airliner first disappeared, he predicted it was deliberately flown into the remote southern Indian Ocean so that it will never be found. We discuss the latest turn in the investigation that is focusing on a psychological profile of the pilot and co-pilot and whether the plane’s “black box” can be found before it stops transmitting its location, which based on the life of its battery, may be only a week away. |
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Then finally, we examine the Ebola outbreak in Guinea which an official with Medicins Sans Frontieres says is “unprecedented”. We get an understanding of how bad it is and whether it will get worse from Dr. Stuart Nichol, chief of the Viral Special Pathogens Branch at the Centers for Disease Control in Atlanta, Georgia. He is currently leading the U.S. response to the Ebola outbreak in Guinea that has now spread to neighboring Liberia. |
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Taking listeners deep into the underlying issues and forces that shape our world.
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