Hello, and welcome to word book store. Were so pleased thank you join us for the confidence between die unanimous henriques and joe nocera. I am the vaccines coordinator and it miss flour introduce our authors tonight. Please bear with me through some housekeeping. Word book storesandindependent book store locate in brooklyn and jersey city, new jersey. We celebrated the ten year neaves of our location this past march andunder scene coming up four years in our jersey city location. Tonights revent will be taped by cspan so if you see cameras, thats why. Also, please turn your cell phones off or put them on silent. After author speaks there will be a short period of question and answer followed by signing. We have books at our register. Our book sellers will help with the signing and thank you in advance for your help. Tonight we are here to discuss first class catastrophe. Monday, october 19, 1987, was by far the worst day in wall street history. The market fell 22. 6 , almost twice as
Conversation between Diana Henriques and joe nocera. It is my pleasure to introduce our author tonight. The first some housekeeping we arent independent bookstore celebrating the tenyear anniversary last march and coming up four years in the jersey location. The cspan cameras are here there is a period of question and answer and then to help with the signing. Tonight we are here to discuss a first class catastrophe. October 19, 1987, the 87, the worst day of wall street history. The worst day of 1929. So to shut the foundation of our Financial System we had not heeded those lessons at the same time so tonights authors are uncovering this omission from previous books from the New York Times bestseller and a Pulitzer Prize finalist. And for investigative reporting. And we are honored to know she is in new jersey. In conversation with joe nocera from bloombergs career spans the New York Times. It is about black monday 1987 when the Dow Jones Industrial average dropping 508point enduring t
I am Francine Lacqua. We have tom keene. We have mario draghi tomorrow. Lets get more on euroarea inflation. Lets go to our international correspondent, hans nichols. Pointthe survey was 40 two, this is below, 0. 1. It shows no inflation and will increase pressure on draghi to do Something Big and bold with quantitative easing. One of the guys at talking about his expectations and sees it expanded to another half a billion euros for a longer duration. Will they do about the deposit rate . This will be talked about when they meet in frankfurt tomorrow. Erik what do you see in the of europe as it knocks on what mario draghi will do. Is it improving or slowing . Hans when we look at all of the eyes, it seems the German Economy is a little stronger than the Inflation Numbers filtering through. Wage increases in germany. We have not seen that happen with the headline inflation number. The core inflation is up a looke, that they like to through that as well. The core was one point one, facto
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