Patt Morrison for Thursday, May 20, 2010

PATT MORRISON SCHEDULE

Thursday, May 20, 2010

1-3 p.m.

 

CALL-IN @ 866-893-5722, 866-893-KPCC; OR JOIN THE CONVERSATION ONLINE ON THE PATT MORRISON BLOG AT KPCC-DOT-ORG

 

DAVID LAZAURUS GUEST HOSTS FOR PATT

 

 

1:06 – 1:19

OPEN

 

 

1:21 – 1:39

“Flash crash”: what triggered the 1,000 point freefall in the stock market?

On May 6^th investors, traders and pretty much anyone with an IRA or 401(k) stared in disbelief at their computers or CNBC as the New York Stock Exchange went into a sudden and rapid free fall, losing almost 1,000 points in about an hour.  While there was tension in the market that day about the European bailout of Greece, nothing logically explained such a precipitous drop in value of the NYSE—and it turns out that, apparently, some kind of computer error during the transmission of a trade set of a devastating domino effect.  This week the Securities & Exchange Commission and the Commodity Futures Trading Commission introduced a new set of trading rules aimed at avoiding market plunges, automatically halting trades when any of the Standard & Poor’s 500 stocks rises or falls 10% or more.  Meanwhile the SEC still has no firm grasp on what, exactly, triggered the “flash crash” on May 6^th.  Can you trust the stock market?

 

Guests:

James Angel, associate professor at the Georgetown University McDonough School of Business; he specializes in the structure & regulation of financial markets

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1:41 – 1:58:30

Ayaan Hirsi Ali’s Nomad: from Islam to America

Ayaan Hirsi Ali arrived in the Netherlands as a refugee from East Africa, but she was also fleeing an arranged marriage and a religion she describes as tantamount to slavery. Once in the Netherlands, she became an outspoken critic of Islam, won election to the Dutch parliament and collaborated with filmmaker Theo van Gogh on his controversial film, "Submission," which was critical of the treatment of women in Islam.  In 2004, Van Gogh was stabbed to death in the street, and Hirsi Ali has been forced to live under the protection of bodyguards ever since.  She joins David with her new book “Nomad,” with a call to reclaim Islam from within.

 

Guest:

Ayaan Hirsi Ali is the author of “The Caged Virgin,” “Infidel,” and most recently “Nomad.” She’s also the founder of the AHA Foundation

SHE CALLS US:

 

 

2:06 – 2:19

OPEN

 

 

2:21 – 2:39

Dustin Hoffman… loves those silents!

Academy Award-winning actor Dustin Hoffman is an enthusiastic fan of silent films, and he’s proving his support this weekend by serving as the honorary chairman of the 21^st Annual Silent Film Gala. In a darkened theater, with the Los Angeles Chamber Orchestra playing the score, the 1928 classic film, The Cameraman starring Buster Keaton, will be screened, along with Walt Disney’s rare silent short, Alice’s Wild West Show, from 1924.  Hoffman, an actor of countless singular performances, explains why he’s such a fan of the founding film medium.

 

The 21^st Annual Silent Film Gala is a ticketed event taking place Sunday, May 23 at 6:30 pm at UCLA’s Royce Hall.

 

Guest:

Dustin Hoffman, Academy Award-winning film and stage actor. 

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2:41 – 2:58:30

Television sells its wares at the Upfronts

Upfront Week is part circus, part dog-and-pony show, and all business as television broadcast networks present their fall shows to advertisers in the hopes of snagging the big money deals. With CBS highlighting five new series, ABC trying hard to fill the void left by “Lost,” and NBC overhauling the 10 o’clock slot once again, it’s anybody’s guess what the public will watch as the programs roll out next season.  Variety’s chief TV critic, Brian Lowry, sorts out the good, the maybes, and the – oh, don’t bothers.

 

Guests:

Brian Lowry, media columnist and chief TV critic for Variety

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Jonathan Serviss

Producer, Patt Morrison Program

Southern California Public Radio

NPR Affiliate for Los Angeles

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jserviss@kpcc.org / jserviss@scpr.org

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