Follow the Money: How Systemic Bank Fraud Contributed to the Financial Crisis
By Barry Ritholtz - April 12th, 2011, 8:00AM
This is my keynote presentation this morning:
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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.
April 12th, 2011 at 8:16 am
[...] Follow the Money: How Systemic Bank Fraud Contributed to the Financial Crisis [...]
April 12th, 2011 at 8:53 am
VERY VERY COOL!
Big Congrats!!!!
April 12th, 2011 at 9:19 am
BARRY, excellent work my friend.
April 12th, 2011 at 9:40 am
This should be mandatory reading for anyone who actually wants to be a a part of the solution to this mess. Also for anyone who just wants to understand what happened. But I fear that Superman is dead along with ” truth, justice, and the American way.”
April 12th, 2011 at 9:44 am
on the invitation a couple days ago, I was drafting in my head – so this is 1st draft in words – it actually set me adrift with mass media – sorta turned off by these days – I really feel actions and reactions are set in motion -time will settle the score in true capitalism ways – hope you have your stores and gated communities in place – for I fear disaster capitalism is at hand
if I could write some words that would actually make a difference:
1> I’d request more return of family and individual rights over community & corporate rights .. a guy must have the ability to spare his family from the over-run of larger communities .. slide13 =1milBC and slide30 =faith/trust (hit my buttons) … HOW in urban areas and rural areas vary > chickens & gardens or NOT in zoned areas … we have all been corralled by the centuries – and if the corporate/government structure doesn’t care for the smallest units who will ? you capitalists ?
2> more simple advice – attempt to write rules that enforce themselves by not being to restrictive – write laws that you as a body of lawyers are primarily out of work – sitting around waiting for the phone to ring … seems impossible – maybe someday – everything will align
April 12th, 2011 at 9:59 am
Good luck. You’re going to need it. We all are.
April 12th, 2011 at 10:10 am
BR — if nothing else, thank you very kindly for the attempt. i’m sure we’d all love to see a posting from you as to how your presentation was received and what, if any, conversations took place afterwards.
April 12th, 2011 at 10:22 am
BR – Better yet, could you possibly get a recording (video) of this on-line? I would love to see the faces of those who are planning to shortly dive into the pig trough they are supposed to regulate, when they realize that we “lesser mortals” are onto them. They might actually have to forgo their personal gain to do the job they were elected/appointed to do!
April 12th, 2011 at 1:20 pm
BR-Thanks.
Keep up the effort. There are very few influential voices out there that has the knowledge and understanding you posses. It must seem like you are a lone voice in the wilderness at times. But it is the only hope for our country. I know that maybe over dramatic, but I fear it is so. You are aligned against huge money, powerful media, politicians of dubious motives and skills, and much of the populace that thinks the problems are the “other folks”.
Stay strong. Your work is needed and appreciated.
April 12th, 2011 at 1:33 pm
Barry excellent presentation, I try to relay this message to my clients on a daily basis, however most are still in some stage of denial that our institutions, banks and govt, would let this happen let alone promote this type of activity. I too would appreciate a follow-up post presentation.
April 12th, 2011 at 3:22 pm
Well put BR. Let’s hope they do something about it!!
If they don’t follow up, then we might as well give crowns to the oligarch banksters who will pretty much be de-facto rulers of this once great country. Game over, they won. It’s enough to make you want to grab your pitchfork!!
April 12th, 2011 at 6:51 pm
Slides 32-34 are obsolete, as Google has gotten out of the real estate listings game as of 2 months ago:
http://google-latlong.blogspot.com/2011/01/retiring-real-estate-on-google-maps.html
~~~
BR: Doh!
April 12th, 2011 at 7:28 pm
I thought fraud was a crime. And that people get arrested for committing crimes. So since no one got arrested I don’t see how what you say could be true. Sort of.
April 12th, 2011 at 8:46 pm
No more foreclosures on google maps
http://google-latlong.blogspot.com/2011/01/retiring-real-estate-on-google-maps.html
Terrie
April 13th, 2011 at 10:50 am
[...] Barry Ritholtz’s presentation to the National Association of Attorney General. [...]
April 13th, 2011 at 3:13 pm
The Virginia AG is more concerned with permitting guns into religious services. Why would he be fixated on bankers’ business?
May 20th, 2011 at 7:17 am
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May 24th, 2011 at 7:06 am
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