Dec 9: RICK WADDELL on Lehman, the Treasury & Warren Buffett

Part 1, December 9 2008: Rick Waddell, the chief executive of Northern Trust, talks to Chrystia Freeland, US managing editor, about what triggered the financial crisis and why he remains bearish about the economy right now. He says Northern recommends clients maintain high cash levels and markets should start to show strength in perhaps six to nine months' time. Next week, Andrew Feldstein of BlueMountain Capital Management. If you have a question for Andrew Feldstein, please email it to the link below.