Bringing The World Home To You

© 2023 WUNC North Carolina Public Radio
120 Friday Center Dr
Chapel Hill, NC 27517
919.445.9150 | 800.962.9862
91.5 Chapel Hill 88.9 Manteo 90.9 Rocky Mount 91.1 Welcome 91.9 Fayetteville 90.5 Buxton 94.1 Lumberton 99.9 Southern Pines
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

The Guy Who Helped Blow Up Wall Street

These days, everyone's looking for someone to blame for the financial crisis. The list is long, and here's another name that could be on it: Michael Osinski.

In the '90s, Osinski wrote a computer program that made it very easy to make a lot of money off of bad mortgages — maybe too easy. After his software was sold to another company, he quit the business and became an oyster farmer on Long Island. Now he's written an article — or perhaps a confession — that appeared in this week's New York Magazine.

Host Robert Smith talks with Osinski about being a trader in the '90s, and whether he saw the crisis coming.

Copyright 2023 NPR. To see more, visit