Alan Murry Talks on the Tech Bubble Collapse

5min Business

by 5min Business

Greed and the expectation of the level high of returns enjoyed during the stock market boom of the late nineties, has powered the excess in the credit markets which have lead to the current financial crisis, says Alan Murray, Deputy Managing Editor of the Wall Street Journal. The pain is just being felt and will likely impact hedge private equity and the broader economy, he told me in in this interview I did on Thursday at the Journal's offices.