WSJ’s CEO Council
By Barry Ritholtz - November 18th, 2008, 9:00AM
On the way home last night, I listened to a discussion of Hank Paulson, Robert Rubin, and Larry Summers — all former or current Treasury Secretaries — moderated by the the Journal’s Alan Murray.
It was at an event hosted by the Journal, titled, CEO Council.
http://blogs.wsj.com/ceo-council/
There is a ton of good stuff worth sifting through. I grabbed a few bailout related videos, and posted them here.
November 18th, 2008 at 9:59 am
CEO Council? You mean the Plunge Protection Team (aka the President’s Working Group on the Markets). Oh, that’s right. The PPT is a figment of our collective imagination, like the shooter on the Grassy Knoll. Just ask Leisman, Becky Quick, Mickey Levy (??), and the other ostriches on CNBC.
November 18th, 2008 at 10:33 am
(off topic) We are so overdue a rally. C’mon baby, SQUEEZE. I am long UYG just for the day. Encouraging action in gold given the incredibly deflationary PPI number. C’mon, c’mon. SQUEEZE.
November 18th, 2008 at 10:45 am
Quiet on TBP lately. Perhaps a great big screamer will bring everyone back.
Hmm… is that the Plunge Protection Team revving up their engines?
No, just a bunch of shorts taking their well deserved profits.
November 18th, 2008 at 11:17 am
@leftback
Whenever Bernanke and Paulson speak to Congress the squeeze is on. Notice that they started speaking at the market open. Paulson has been playing defense recently because TARP is only helping his buddies and not the economy.
November 18th, 2008 at 11:48 am
Is there any truth to the rumor that the purpose of the G20 meeting was to inform the President that if the US doesn’t get it financial act together that the dollar will be phased out as the world’s reserve currency?
November 18th, 2008 at 11:58 am
> that the dollar will be phased out as the world’s reserve currency…
Not a question of if, merely of when.