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September 22, 2008

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[From the second story] Mary Jane Young as a girl during the Depression

The Writing On The Wall

The Writing on the Wall

With major financial firms in unprecedented crisis, the government is struggling to find the right words to calm the public. Henry Ehrlich knows about the soothing power of words in times of economic turmoil. He was the speechwriter for the chief American negotiator during the foreign debt crisis of the 1980s. It was a time when one wrong word could have sparked a catastrophe.

LessonS from '29

Mary Jane Young still has vivid memories of the 1929 crash. Her father had been a successful real estate builder in New York and had also bought stocks. He eventually lost everything. Mary Jane talks to Dick about watching their belongings, including her playhouse, auctioned off on their front lawn - just hours before her family became homeless.

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