Host Marcia Franklin talks with Pulitzer Prize-winning journalist Gretchen Morgenson, then a financial editor and columnist at the New York Times who covered the country’s financial crisis since its inception.

They discuss the federal government’s push to increase home ownership, which Morgenson sees as the underpinning of the financial collapse. The two also talk about various taxpayer-funded bailouts of companies such as AIG, and whether Morgenson sees any light at the end of the tunnel for the slumping economy.

Before moving to The Wall Street Journal in November 2017, Morgenson was assistant business and financial editor at the New York Times since May 1998. Prior to that she was assistant managing editor at Forbes magazine. She was also the press secretary for the Forbes for President campaign. In 2002, she won a Pulitzer Prize for her coverage of Wall Street.

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Originally Aired: 09/10/2009

The interview is part of Dialogue’s series, “Conversations from the Sun Valley Writers’ Conference,” and was taped at the 2009 conference. Since 1995, the conference has been bringing together some of the world’s most well-known and illuminating authors to discuss literature and life.