Photo: #Treasury Secretary Henry Paulson, Federal Reserve Board Chairman Ben Bernanke, Chairman of the Securities and Exchange Commission Christopher Cox, and director of the Federal Housing Finance Agency James Lockhart III, testify during a hearing before the Senate Banking, Housing and Urban Affairs Committee September 23, 2008 on Capitol Hill in Washington, DC. The Bush administration officials were testifying about a proposed $700 billion bailout that they hope will stabilize the faltering U.S. financial system. Many members of Congress have expressed anger at the plan they say will pay for Wall Street's mistakes at taxpayers' expense.
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Treasury Secretary Henry Paulson, Federal Reserve Board Chairman Ben Bernanke, Chairman of the Securities and Exchange Commission Christopher Cox, and director of the Federal Housing Finance Agency James Lockhart III, testify during a hearing before the Senate Banking, Housing and Urban Affairs Committee September 23, 2008 on Capitol Hill in Washington, DC. The Bush administration officials were testifying about a proposed $700 billion bailout that they hope will stabilize the faltering U.S. financial system. Many members of Congress have expressed anger at the plan they say will pay for Wall Street's mistakes at taxpayers' expense. (Photo by Chip Somodevilla/Getty Images)

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The role of corporate responsibility in Wall Street's woes

Broadcast: Midday, 09/24/2008, 11:00 a.m.

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In light of the meltdown on Wall Street, Norman Bowie of the University of Minnesota's Carlson School of Management joins Midday to discuss business ethics and whether corporate executives have been abusing their power.

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  • Norman Bowie: Elmer L. Andersen Chair in Corporate Responsibility at the University of Minnesota's Carlson School of Management.

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