Joseph Nocera

The New York Times columnist has made his name with riffs on topics large (Boeing's comeback) and small (his own defunct iPod). A Pulitzer Prize finalist and the winner of several notable journalism awards, he's a regular contributor to NPR's Weekend Edition.

Fortune magazine Editor-at-Large, Joseph Nocera, talks about the industry and consumer implications from the on-going trial of Microsoft. The U.S. Justice Department alleges the Microsoft engaged in illegal predatory practices against its competitors. Nocera has been covering the trial for Fortune. Nocera is author of "A Piece of the Action; How the Middle Class Joined the Money Class" by Simon and Schuster. (This book is out of print) He also is a regular business commentator for Saturday Weekend Edition on NPR.

Twenty-five years ago, most of the middle class wasn't involved in Wall Street affairs, and investments were for the rich. Now that's changed, in what financial journalist Joseph Nocera calls "a money revolution." Nocera has written "A Piece of the Action: How the Middle Class Joined the Money Class." The book explores how the middle class became involved in the stock market, largely, he says, through the rise of credit cards, mutual funds, and discount brokerage houses.