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How the Middle Has Entered the Stock Market

Fortune Magazine's senior editor Joe Nocera and Ron Chernow. They can both be seen in the new Frontline documentary "Betting on the Market." The documentary is based in part on Nocera's 1994 book, "A Piece of the Action: How the Middle Class Joined the Money Class." It traces America's obsession with Wall Street, and looks at the consequences. Nocera serves as correspondent in the film. Chernow is the author of "The House of Morgan," which received a National Book Award in 1990.

21:59

Other segments from the episode on January 9, 1997

Fresh Air with Terry Gross, January 9, 1997: Interview with Joe Nocera and Ron Chernow; Interview with Judith Martin; Commentary on surf music.

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