Nassim Taleb & Benoit Mandelbrot on 2008 Financial Crisis

Nassim Taleb & Benoit Mandelbrot on PBS Newshour talk about the current ecology of the financial industry during 2008 Financial Crisis (Air date October 21, 2008).

Transcript available here: Top Theorists Examine Rippling Economic Turbulence
As the financial sector shifts, so does the reach of the jolt to economic structures around the world. Economist Nassim Nicholas Taleb and his mentor, mathematician Benoit Mandelbrot, speak with Paul Solman about chain reactions and predicting the financial crisis.