I shot some videos a few weeks ago about Chrysler and Lehman Brothers from Bailout Nation, and they are now posted at Amazon:
click for video
In any great organization it is far, far safer to be wrong with the majority than to be right alone. —John Kenneth Galbraith
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago that Taiwan was limiting foreign deposit holdings and Brazil was taxing foreign inflow transactions. As I mentioned yesterday, we may have reached a short term pain threshold in terms of $ weakness and foreign countries are fighting back as they certainly won't wait for...
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June 3rd, 2009 at 6:10 pm
Sexy!
June 5th, 2009 at 8:59 pm
I absolutely cannot wait to start your book. Been spending the last 6 months preparing for the CFA tomorrow and am just anxious to get the darn thing done and over with.