"How Hugh Carey Saved the City"

Hugh Carey, New York's 51st governor, helped NYC out of its dire financial straits in the ’70s. New York Times' Sam Roberts moderates a panel of former Carey cohorts—Stephen Berger, Peter Goldmark, Richard Ravitch and Felix G. Rohatyn, plus Columbia professor Ester R. Fuchs—in a discussion of the governor's policies and any lessons we might glean for today's recessional times.