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A Fresh Start for Wall Street: "Wall Street owes Main Street an apology"

John Bogle
John Bogle
(11/25/08) We've been hearing a lot about President-elect Barack Obama's economic team. They face some huge hurdles this winter, as they work to steady America's wobbly economy. As part of our series, A Fresh Start, we checked in with John Bogle, who spends much of each year in Lake Placid. In the 1970s, Bogle launched the Vanguard Group of investment funds. In recent years, he's emerged as one of the country's leading investment ethicists, authoring books that include The Battle for the Soul of Capitalism. Bogle told Brian Mann that Obama's first challenge will be speaking honestly with the American people and restoring consumer confidence.

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