Down, yes. Could everybody please sit down . Thank you. So as you know, i normally open with some scintillating announcements and all those who came to hear those scintillating announcements, youll have to wait a little bit. Because gary is on a tight schedule. So were going to start the interview right now and go for about 50 minutes, and gary will have to leave, go back for an announcement at the white house, and then i will make my scintillating announcements about everything and the main course will be served then. Gary, let me first introduce you, gary is the assistant to the president for the American Economic council. Hes had that position since the beginning of this administration. Hes by background a native of Shaker Heights in the cleveland area. And then subsequently went to work briefly in u. S. Steel then the new york mercantile exchange, he joined goldmansachs in 1994 and rose up to be the head of the Commodities Division and ultimately the currency commodities fixed Inco
Coming up on four years in our jersey city location. Tonights event will be taped by cspan. Please turn cell phones offered put them on. After the author speaks or be a short time of question and answer. Our booksellers will help with the signing and we think in advance for your help. Tonight, were going to discuss first class monday octobe october 19th, was the worst time the market fell, almost twice as bad as the worst one in 1929. This shift the foundation of our financial system. In 30 years we havent heeded the lessons. Tonights author, diana is uniquely suited to uncover this after previous books, the wizard of oz, and pretty made up. A writer for the New York Times since 1989, shes an award winner and Pulitzer Prize finalist. Her work has received price for investigative reporting. For honor to know she lives close by. Shes in conversation with other journalists, a columnist for bloomberg whose career and business and sports spanned the New York Times. Please join me in welcomi
Schedule so were going to start the interview right now and go for about 50 minutes and then gary will have to leave, go for an announcement at the white house and i will then make my scintillating announcements about everything and then the main course will be served then. Okay . So, gary, let me first introduce you. Gary is the assistant to the president for Economic Policy and head of the National Economic council. Had that position from the beginning of this administration. He is by background a native of Shaker Heights in the cleveland area. He went to American University in the city, graduate of the school of business there and then subsequently went to work for u. S. Steel and new York Merchantile Exchange and Goldman Sachs and joined goldman in 1990 and became a partner in 1994 and rose to be the head of the Commodities Division and ultimately commodities fixed Income Division and cohead of the Equities Division and cohead of the Global Securities division and then openly in 20
Want to get some sleep, you cant reread something 22 times. Doing okay in college was all about time management. Yeah, i maybe didnt spend as much time having fun. But i was able to get myself through because i was able to manage myself. Were you an athlete as well . I was not a good enough athlete to be an athlete in college. But thats a whole other story. I know the feeling. So after you graduate. You went back to your native area, cleveland, and you worked for u. S. Steel . I did. You werent a steelworker . That was a little joke in my career there. I worked for the Home Building Products Division of United States steel that sold aluminum siding, gutter coil and replacement windows. Were you good at that . I wasnt there long enough to find out. There was a story that you met somebody who asked you about options, you took a taxi ride with him and you got a job. So ill give you the fiveminute version of the story. So after my freshman year in college, i did the typical summer internsh