Mark Kurt, an assistant professor of economics, was interviewed by Tim Boyum of News 14 Carolina on Oct. 6, 2008, moments after the New York Stock Exchange saw one of its worst days in recent history with the Dow Jones Industrial Average falling below the 10,000 mark for the first time in four years.
Kurt answered questions about the cause of the market’s drop despite a financial sector bailout package signed into law the previous business day. To watch a short excerpt from the interview, click on the link to the right of this page.