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Mark Williams: 'Uncontrolled Risk' Triggered Global Meltdown08:09


Former trader and Boston University lecturer Mark Williams has traced the rise and eventual fall of Lehman Brothers — from cotton trader in the Deep South to top Wall Street investment bank to symbol of the global financial collapse. In his new book, Williams argues that systemic, uncontrolled risk led to the crisis — and could cause another one.

This program aired on May 17, 2010.

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