July 8 – The New York Stock Exchange Crashes While China’s is in Free-Fall; Greece Will Submit “Credible Reform” Proposals; Why Russia Vetoed a U.N. Resolution on Genocide

Full Program

Part 1

We begin with the technical error that halted trading on the New York Stock Exchange which is not being attributed to a cyber attack but is being called “a reported issue with gateway connection”. Wall Street veteran William Cohan, a contributing editor to Vanity Fair who writes a bi-weekly opinion column for The New York Times and is the author of “Money and Power: How Goldman Sachs Came to Rule the World”, joins us to discuss how unnamed technical issues shut down the stock exchange, grounded United Airlines and crashed the Wall Street Journal’s home page all in the same day.

Part 2

Then we speak with Harry Konstantinidis, who teaches economics at the University of Massachusetts, Boston. He joins us to discuss the narrow window of time the Greek government has to end the debt crisis following Prime Minister Alex Tsipras’ promise that his government will submit “credible reform” proposals on Thursday’s deadline set by European leaders.

Part 3

Then finally on the 20^th anniversary of the massacre of 8,000 Muslim boys and men at Srebrenica in Bosnia, we look into Russia’s veto of a U.N. Security Council resolution condemning the worst atrocity in Europe since World War 11 as a “crime of genocide”. John Quigley, a Professor Emeritus of Law at Ohio State University who was a research scholar at Moscow State University, joins us to discuss why Russia, which suffered so much at the hands of the genocidal Nazis, felt it necessary to veto the crime of genocide resolution.