Host Per Fagereng interviews Max Fraad Wolff, An economist and writer, Wolff is an instructor at the Graduate
Program in International Affairs at the New School University. He is a frequent contributor to Huffington Post, Asia Times and The Indypendent. Wolff says that the decision to not bail out Lehman is a political and public relations one; he also states that a Federal Reserve rate cut on Tuesday -- widely rumored on Wall Street -- would amount to a massive
subsidy.