Michael Hudson

Apple and other technology giants have come under fire recently for using offshore companies to dodge U.S. tax obligations on billions of dollars earned overseas. Washington Post technology reporter Cecilia Kang and Michael Hudson, a senior editor at the International Consortium of Investigative Journalists, examine the Senate investigation into Apple and the wider use of offshore tax havens by individuals and companies.

Who or what was responsible for the worst economic crisis since the 1920s? And could it have been prevented? That is what the Financial Crisis Inquiry Commission set to find out when they interviewed over 700 people. Today they release their 576 page report. Michael Hudson, reporter for the Center for Public Integrity and the author of "The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America and Spawned a Global Crisis" says Wall Street greed and lack of government regulation were the biggest causes for the crisis.

Is the current financial crisis a threat to American capitalism as we know it? Leonard talks to Nobel Prize-winning economist Joseph Stiglitz and economist Michael Hudson. Both are contributors to the "How to Save Capitalism" forum in the current Nov. issue of Harper's magazine.