The market fell 678 points yesterday. Are things getting better, or getting worse?
The best minds of our generation are thinking about it, but -- sorry, Error 404- they don't have an answer to the tangled, worldwide web of the crisis. Which makes sense, because, trillions of dollars later, it has metastasized well beyond any one human being's understanding -- even the most powerful human beings.
How do we know? Well, if you heard a rumble in lower Manhattan today, it was the sound of a supercollider of power and finance: Blackstone Group chairman Stephen Schwarzman, BlackRock CEO Larry Fink, Goldman Sachs CEO Lloyd Blankfein, J.P. Morgan CEO Jamie Dimon, and Silver Lake Partners co-founder Glenn Hutchins were gathered in the luncheon room on the seventh floor of the New York Stock Exchange in a panel moderated by our managing editor, Robert Thomson.