Comments on: Bloomberg Review: Bailout Nation

By: Dude

Dude — Fri, 29 May 2009 00:13:57 +0000

How about a Kindle edition so I can read it on my iPhone?

By: kmayer98

kmayer98 — Thu, 28 May 2009 16:36:33 +0000

Great book, so far. Well worth ordering it from Amazon three times.

By: Graphite

Graphite — Thu, 28 May 2009 03:34:58 +0000

I’ll have to wait to see what Barry says in his book, but frankly RR’s made out like bandits on government subsidies.

Except, of course, for James J. Hill’s Great Northern, which was built entirely without public subsidy. Having failed to genuflect to the new progressive masters in Washington, Hill’s railroad was naturally sued by antitrust regulators.

By: deanscamaro

deanscamaro — Thu, 28 May 2009 02:39:58 +0000

Boy, this better be good, Barry. I just spent my hard earned money (what was left after bailing out the banks) to buy your book from Amazon after bailing out the banks. Just kidding. Good luck with sales.

By: drollere

drollere — Thu, 28 May 2009 02:14:18 +0000

re macke … drugs? overwork? seething rage? i think he is trying to say that it’s all a little too complicated for his bald head to comprehend … or that he’s seen what is going on behind the scenes, and it’s driven him insane!

either way, if *i* were management, i’d can his ass before he took off his lapel mike.

http://www.businessinsider.com/jeff-macke-goes-nuts-on-dennis-kneale-clip-2009-5

By: drollere

drollere — Thu, 28 May 2009 02:02:25 +0000

congratulations on the book, barry. it’s bound to heap treasure on your business and i hope also bring many of those sweet investor colloquies by the resort swimming pool, cocktail in hand and rapt attention all around you. there’s still tons of wealth out there, and madoff left a hole of trust that your generation has the privilege to repair.

By: Timodee

Timodee — Thu, 28 May 2009 01:47:29 +0000

Heard you on NPR today – great (but short) interview – congrats!

By: Cursive

Cursive — Thu, 28 May 2009 01:11:52 +0000

@john6pack

Welcome to the best financial blog on the web. If you think the board seems overly bearish, please ask your inner-self what has happened since 2003. Meditate on that for a while. Think about the mortgage equity withdrawals that sustained our economy since 2001. Think about the mountain of debt, public and private, that towers high above us; then look at the rise in the yield of the 10-yr. note today.

Think about how corporate managements, whether they be financial firms or otherwise or both (think GE or Enron), have used every attempt to inflate their stock price using any combination of leverage and financial engineering. Think about the rampant lies of Angelo Mozilo, Jimmy Cayne, Franklan Raines, etc. (not even mentioning Bernie Madoff or Allen Stanford) and the duplicity of the our government agencies run by Ben Bernanke and Paulson/Geithner. Think about Goldman Sachs. You could cave your head in, thinking about GS!

Let all of this stew inside your head. Then, make a plan to start unwinding your investments. Feel uneasy? Make a resolution to sell 10% the first time. You’ll love it. It’s very liberating.

By: Andy T

Andy T — Thu, 28 May 2009 01:08:32 +0000

The only thing I would take exception with is being called “sassy.” Down here in these parts, a man wouldn’t like be referred to as “sassy.” Ha.

Many congrats on turning out a great book…. AT.

By: Barry Ritholtz

Barry Ritholtz — Thu, 28 May 2009 00:31:52 +0000

One day, I will do my behind the scenes of the publishing world expose…