Morgan’s Roach: Fed Following BOJ ‘Script’ on Policy

By Barry Ritholtz - November 13th, 2008, 11:00AM

Click for video

Stephen Roach, chairman of Morgan Stanley Asia Ltd., talks with Bloomberg’s Arnold Gay in Singapore about the U.S.’s $700 billion Troubled Asset Relief Program, the effectiveness of the bailout package, and European and U.S. monetary policies. (Source: Bloomberg)

00:00 “Disappointed” with change to bailout package
02:04 Europe in recession; Fed following BOJ script

Running time 04:31

Source:
Morgan’s Roach Says Fed Following BOJ `Script’ on Policy: Video
Bloomberg, Nov. 13 2008

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=akg9vPUhke0I

PERMALINK
Category: Economy, Markets, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Morgan’s Roach: Fed Following BOJ ‘Script’ on Policy”

jmborchers Says:
November 13th, 2008 at 11:15 am
Goldman Sacs just set a new bar.

*DJ General Motors Share Rating Suspended At Goldman Sachs

GS realizes that sell ratings are causing more sales and will cause the end of the industry with the negativity. Best thing to do is stay aside and let the market figure it out.
albnyc Says:
November 13th, 2008 at 1:22 pm
Roach’s reaction to pulling the TARP is decidedly out of step with other market participants, who believed buying that sh-t was not the best path forward.

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