You will hear an interview with Joe Nocera. For each question(23-30), mark one letter(A, B or C)for the correct answer.

You will hear an interview with Joe Nocera.
For each question(23-30), mark one letter(A, B or C)for the correct answer.
After you have listened once, replay the recording.
You have 45 seconds to read through the questions.
[Pause]
Now listen, and mark A, B or C.
[Pause]
Woman: Welcome to our programme. This week we chat with New York Times business columnist Joe Nocera about his new book "Good Guys and Bad Guys: Behind the Scene with the Saints and Scoundrels of American Business(and Everything in Between)". Joe is here to talk with us about his book. Welcome, Joe.
Man: Thanks for having me.
Woman: All right. Who are good guys and bad guys?
Man: Bad guys, Bob Nardelli, formerly of Home Depot. The man famously ran his annual meetings without any directors there, which cost him his job eventually.
Woman: Is just him, alone, or...?
Man: Yeah! And he did his meetings in half an hour. He was so mad about all the shareholders who were complaining about his high pay that he did his meeting in half an hour, and didn’t answer a single question.
Woman: What became of it?
Man: He is now running Chrysler which is great for him because it’s a privately held corporation. So nobody gets to know his pay anymore.
Woman: Who’s another bad guy?
Man: Well, my most perverse bad guy is Steve Jobs who is lionized and idolized in the culture.
Woman: But people love him, you know.
Man: Well, they love his products but I think he’s an extraordinarily arrogant man who has developed an arrogant culture at Apple. You know, his arrogance drives me crazy and the fact that he is up to his elbow in the backdated option scandal but really gets out free because people are really afraid to take him on. If you are to cause him trouble, Apple is the one man show.
Woman: And he’s the show.
Man: Yeah, he’s the show and he knows it.
Woman: How about some good guys? There must be a few.
Man: Urn, one of my good guys is Michael Milken.
Woman: Really? Did he go to jail for committing crimes?
Man: Yes, he did.
Woman: This is the junk bond guy.
Man: And the truth is that he became the symbol of eighties excess. Junk bonds today are an uncontroversial, standard part of financing in America that have done enormous good. He makes capital available for companies that didn’t have tripled a rating. I think Boone Picken’s also one of the good guys and I have lots of problems with his politics, you know, he’s...
Woman: What is his politics?
Man: Well, he, er, is the chief funder for the Swift Boats veterans that submarine John Kerry was tried to. He’s a pretty hard core about that sort of things. Urn, on the other hand, he’s quite an environmentalist who has some pretty extravagant ideas about how to shift away from oil and get into more natural gas and wind, he’s putting a lot of money behind.
Woman: We now have a new series of financial concerns and perhaps, scandals. How did you make of those?
Man: One of the themes of the book is boom and bust. People get carried away by the overheated market. They dump things and then pay the price. So we went through the Internet Bubble, and the price was paid — your porfolio went down afterwards, by a lot. Then you went through the housing bubble, now we suffer really wrenching pain as a result. It’s not just the Wall Street pain or the Main Street pain. It’s both. You know, one of my big themes in the course of my career has been the democratization of money: how the little guy got the access to many the same operetta and financial instruments the wealth always have. There’s a melting of Wall Street and Main Street. Sometimes it has been good and the period like right now. But it’s awful because your house is foreclosing in many cases and your portfolio is going down because all these Wall Streets investment banks are writing off tens of billions of dollars.
Woman: You have said the system has the way of correcting itself. What’s our exit from this crisis? Do you have any idea?
Man: Well, I think capitalism can be great but it also can be harsh. We’re in one of these periods now. We are...you have to suffer a little to get through it — that’s what the country is going to do now.
Woman: Thanks a lot, Joe.
Man: You’re welcome, Sally.