Page 15 - Dotcom Bubble News Today

Stock market boom, the dotcom bubble, 9/11, the wars in iraq and afghanistan, 2 1/2 years after he left office the world was plunged into a deep financial crisis. i wanted to talk to him about the state of the u.s. economy, the actions and duties of the fed, much, much more. he has a new book out called "the map and the territory." welcome. >> thank you very much. im glad to be with you. >> so the news we have now is that the u.s. economy grew the last quarter 3.6%, faster than people -- anyone ...

For almost 20 years, my next guest presided over americas economic well-being, from 1987 to 2006, allan greenspan was the chairman of the federal reserve board. shortly after his tenure began, black monday hit, then game the stock market boom, the dotcom bubble, 9/11s, the wars in iraq and afghanistan. two years after he left office, the world was plunged into a deep financial crisis. i wanted to talk about him about the actns and duties of the fed, and much, much more. he has a new book out cal...

>> zain asher has new polling numbers. you look at polls, they show our faith in the economy is shaky at best. were seeing the markets jump on wall street. doesnt feel like americans feel thats the right thing. >> hi, jim. interesting poll numbers were getting. 59% of americans do not believe that thing in the u.s. are going well. they think things in the u.s. are going badly. 39% believe we are still in an economic downturn. this has to do with the economy specifically. 24% believe we are in a ...

Two cases challenging the laws mandate providing that employers provide contraceptive coverage in their insurance plans. some are exempt. but some business owners say it forces them to violate their faith. the central issue is whether the constitution protecting the religious rights of for-profit companies. lower courts have the cases which could be argued next spring. and a thanksgiving tradition at the white house. president obama will pardon a turkey. a lucky turkey. this year, caramel and ...

Online companies were cashing in. time warner execs wanted in on the action. ted initially pushed back. >> even though he had a significant stake and should have been listened to i dont think he was listened to. >> in his deepest self, he knew it was wrong. >> it was the biggest corporate merger ever. $160 billion deal. but no one could predict the burst of the dot com bubble months later. aol fell flat and the stock price took a nose dive. >> we were present for the greatest business debacle in...

Business was booming. execs wanted in on the action. ted pushed back. >> even though he had a significant stake and should have been listened to, i dont think he was listened to. >> in his deepest self, he knew it was wrong. >> this really is a historic moment. >> it was the biggest corporate merger ever. a $160 billion deal. but no one could predict the burst of the dot-com bubble just months later. aol fell flat. and the stock price took a nose dive. >> we were present for the greatest busines...

Mid-90s. business was booming and aol was coming in. they wanted to buy it, but ted pushed back. >> in his deepest self, he knew it was wrong. >> this really is a historic moment. it was the biggest corporate merger ever, a $160 billion deal. but no one could predict the burst of the dot-com bubble just months later. aol fell flat and the stock price took a nosedive. >> we were present for the greatest business debacle in the history of american business. >> investors lost more than $150 billion...

>> talk after merger came in the 1990s. the dot com was booming. jn line companies were cashing in. time warner execs wanted in on the action. ted initially pushed back. >> even though he had a significant stake and should have been listened to i dont think he was listened to. >> it was a mistake. >> it was the biggest corporate merger ever. but no one could predict the burst of the dot com bubble months later. aol fell flat and the stock price took a nose dive. >> we were present for the greate...

We think we know about economic recovery that this particular long-term sort of limping along economy are challenging us on? >> well, this recovery -- and i would put that in quotation marks -- beggers the concept of recovery. its been a recovery for the same people who benefitted from the bubbles that preceded the recovery, the dotcom bubble, the housing bubble. if you are well educated, if you are in the upper income strata, you have done very well the last few months. the stock market has don...

>> you could categorize the last few booms weve had as soft or speculative. there was the dotcom boom and housing speculations. >> thats a correct point that mr. morris emphasizes. if you have a boom based on, say, a housing bubble, artfully inflated asset prices, home in the -- homes in the case of 2000, stocks in the case of the dotcom bubble, thats a very different and i agree with your adjective of softer kind of underlying recovery than something based on energy and manufacturing where were...