Japanese Recession; Jean-Louis Dumas; James Wolfensohn

Professor Hugh Patrick, journalist Susan Dentzer, and Hiroshi Tsukamoto of the Japan External Trade Organization analyze the causes of the current recession in Japan. Jean-Louis Dumas, chairman and C.E.O. of Hermès, talks about the company's success. James Wolfensohn, best known for his work in arts administration, discusses business and the arts in America.