Wall Street Journal logo Wall Street Journal 1 month ago

Charles Gasparino: Three Decades of Subsidized Risk

By Charles Gasparino I recently sat down with legendary investor Ted Forstmann to discuss why, on the one-year anniversary of the financial meltdown, the press has largely ignored the role of government in creating the meltdown—and possibly setting the... Full Article at Wall Street Journal

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  1. Merrill Lynch
  2. Federal Reserve
  3. Barack Obama

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  1. File picture shows Galleon hedge fund partner Raj Rajaratnam (L) is escorted by FBI Special Agent B.J. Kang (R) after being taken into custody in New York October 16, 2009. B.J. Kang may be the most feared man on Wall Street.
  2. NEW YORK - NOVEMBER 30: Photos are displayed during the FOEDUS USA Foundation's A Journey to La Dolce Vita at The Setai Wall Street on November 30, 2009 in New York City.
  3. NEW YORK - NOVEMBER 30: Directors Donal Mosher and Michael Palmieri attend IFP's 19th Annual Gotham Independent Film Awards at Cipriani, Wall Street on November 30, 2009 in New York City.
  4. NEW YORK - NOVEMBER 30: Actors Stanley Tucci and Natalie Portman attend IFP's 19th Annual Gotham Independent Film Awards at Cipriani, Wall Street on November 30, 2009 in New York City.
  5. NEW YORK - NOVEMBER 30: Director Jim Sheridan speaks onstage at IFP's 19th Annual Gotham Independent Film Awards at Cipriani, Wall Street on November 30, 2009 in New York City.
  6. NEW YORK - NOVEMBER 30: Director Ry Russo-Young poses backstage at IFP's 19th Annual Gotham Independent Film Awards at Cipriani, Wall Street on November 30, 2009 in New York City.
  7. NEW YORK - NOVEMBER 18: (L-R) Wall Street financier Steven Rattner and managing editor of Fortune Magazine Andy Serwer attend the FORTUNE Breakfast and Conversation with Steven Rattner at Time & Life Building on November 18, 2009 in New York City.
  8. CHICAGO - DECEMBER 06: Members of the Chicago Bear defense including Kevin Payne #44 and Al Afalava #24 gang-tackle Steven Jackson #39 of the St. Louis Rams at Soldier Field on December 6, 2009 in Chicago, Illinois.
  9. Former Illinois Governor Rod Blagojevich leaves the Dirksen federal building after his arraignment hearing in Chicago, Illinois in this file photo from April 14, 2009.

Cast of Characters

  1. Merrill Lynch Merrill Lynch
  2. Barack Obama Barack Obama
  3. Kenneth D Lewis Kenneth D Lewis
  4. Federal Reserve Federal Reserve
  5. Andrew Cuomo Andrew Cuomo
  6. Goldman Sachs Goldman Sachs