Wednesday, November 11, 2009

What's on The Tom Sullivan Show 11-11-09

Another "Lost Decade"?
Japan is in the middle of its second “Lost Decade” and Tom thinks it’s just a matter of time before they must default on their government bonds. Is the U.S. headed down the same road?  Plus, a jury has acquitted two ex-Bear Stearns hedge fund managers of fraud.  Should the government give up on trying to prosecute Wall Street execs?
 
Financial Reform
Sen. Chris Dodd has unveiled his plan for financial regulation reforms. Can they actually prevent another crisis? And what will tighter rules cost the consumer?  Plus, AIG CEO Robert Benmosche wants to quit over pay constraints and strict government regulations. Didn’t he know what he was getting into when he took the job just three months ago?
 
Veterans' Day
Today we honor war heroes for their bravery and sacrifice.  Tom says new threats to our security could look very different from wars of the past.  For instance, after the massive blackout in Brazil, Tom wonders about the security of our electrical grid system - are we safe from hackers?  Will future wars be fought by computer programmers?