Housing Helix Podcast
I had fun doing this podcast with Jonathan Miller of Miller Samuel:
Barry Ritholtz, Bailout Nation, Fusion IQ & The Big Picture Blog
11 Jun 2009 | Economy, Interviews, PodcastsI had the pleasure of speaking with Barry Ritholtz of Fusion IQ and The Big Picture weblog. He’s a wealth of information and never pulls any punches in his characterizations of the current economic mess we find ourselves in.
The Big Picture is the leading financial weblog with must-read content and it boasts a huge following (self-included).
Barry recently released a terrific book: Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy. I highly recommend it.
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June 11th, 2009 at 3:53 pm
BR, a couple of questions from a market midget: How long will the current ruse continue? Although we are starting to hear the phrase, “green shoots” less and less. Is it normal for the majority of investment professionals to push untruths just to ride an upward trending market?
June 11th, 2009 at 4:17 pm
Has anyone yet issues a press release or an 8K about paying off TARP debt?
I’m wondering if this will become a market that it is no longer illegal to short if TARP is repaid. If so, look out below since even free money from Uncle Stupid has a limit to upside in an otherwise dead market. This market is incredibly overvalued and gets more so every day. The low volume indicates no interest in chasing this market up by anyone other than a computer who can’t tell the difference. The economics say that nothing good is coming up, unless you count incompetent business news headlines like today’s.
Thus down is the only logical direction. Will the removal of TARP restrictions make it OK to pillage as usual?