Here is a brief bio, for anyone unfamiliar with Grant:
James Grant originated the "Current Yield" column in Barron's before founding Grant's Interest Rate Observer in 1983.
He is the author of five books on finance and financial history: Bernard M. Baruch: The Adventures of a Wall Street Legend (Simon & Schuster, 1983), Money of the Mind (Farrar, Straus & Giroux, 1992), Minding Mister Market (Farrar, Straus & Giroux, 1993), The Trouble With Prosperity (Times Books, 1996) and Mr. Market Miscalculates: The Bubble Years and Beyond(Axios Press, 2008). A sixth book John Adams: Party of One, a biography of the second president of the United States-was published in March 2005 by Farrar, Straus & Giroux. All his books have been recommended by Seth Klarman (Seth Klarman Recommended Reading)
Mr. Grant's television appearances include "60 Minutes", "The News Hour with Jim Lehrer", "CBS Evening News", and a 10-year stint on Wall Street Week. His journalism has appeared in a variety of periodicals, including the Finanicial Times, The Wall Street Journal and Foreign Affairs, and he contributed an essay to the Sixth Edition of Grahm and Dodd's Security Analysis (McGraw-Hill, 2009).
There is no embed code, but the link to the article can be found here- _http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/4/16_James_Grant_files/Jim%20Grant%204%3A16%3A2011.mp3