Posts filed under “Financial Press”

Wall Street Crisis Overviews

I have been meaning to get to these two links: They are the huge overviews of the Credit, Housing and Wall Street Crises via the NYT and the WSJ:

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Credit Crisis — The Essentials

NYT: http://topics.nytimes.com/topics/reference/timestopics/subjects/c/credit_crisis/index.html

The Financial Crisis

WSJ: http://online.wsj.com/public/page/wall-street-in-crisis.html

Category: Bailouts, Digital Media, Financial Press

Worst Calls of 2008

I received a call from a journalist asking me what were the worst calls for 2008 — by the media, by the specific pundits, and others. My initial reaction was anything Ben Stein said in print, and anything Don Luskin said on Kudlow & Co. But there are obviously many others, and we are taking…Read More

Category: Financial Press, Really, really bad calls

Tracking the $700 Billion Bailout

Via the NYT: Dozens of banks and a handful of insurers have applied for funds from the Treasury Department as part of the $700 billion Troubled Asset Relief Program. The Treasury has transferred capital to 30 of these companies and to A.I.G. More are expected to announce their participation in the coming weeks. Bailout by…Read More

Category: Bailouts, Credit, Digital Media, Financial Press

Debate on the Existence of Plunge Protection Team

From an anonymous trader/investor: CNBC Video Clip Denying Existence of Plunge Protection Team (aka President’s Working Group on Financial Markets: The link below contains the CNBC video clip and GATA discussion wherein the CNBC crew are AMAZED to learn about market intervention by the PPT of the S&P futures or that such a group and…Read More

Category: BP Cafe, Federal Reserve, Financial Press

The 11 Blunders of Hank Paulson

James Pethokoukis is the money and politics blogger for U.S. News & World Report, where he writes the monthly Capital Commerce magazine column. Pethokoukis is also the assistant managing editor of the magazine’s Money & Business section. A 1989 graduate of Northwestern University where he double majored in Soviet politics and American history and a…Read More

Category: Bailouts, BP Cafe, Financial Press, Politics

WSJ’s CEO Council

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…Read More

Category: Corporate Management, Financial Press

Portfolio Cover: After the Fall

There is a long-but-worth it article (The End) in Portfolio by Michael Lewis, who traces the arc from Liar’s Poker to the End of Wall Street. Before you turn in fear of yet another Magazine Cover Indicator, be aware of one thing: The prostrate bull on the cover of the magazine does not represent,a s…Read More

Category: Contrary Indicators, Corporate Management, Finance, Financial Press, Markets

Bloomberg Sues The Fed; Transparency At The FED

Fed has learned more than %2 Trillion to troubled banks; FED rejects Bloomberg request identify loan recipients; Bloomberg news is suing the FED to force disclosure of loans; The Public doesn’t know collateral FED is accepting for loans; Analysis by Matt Wink

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Source:
Bloomberg Sues Fed to Force Disclosure of Collateral
Mark Pittman
Bloomberg, Nov. 7

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aKr.oY2YKc2g

Category: Federal Reserve, Financial Press, Video

The Financial Crisis A-Z

Over at Forbes.com, former WSJ OpEd page editor — but don’t hold that against him — Tunku Varadarajan writes a terribly amusing recap of the global monetary mayhem, titled: The Financial Crisis, From A-Z. It may be just me, but it has a certain DanGrossian feel about it. To give you some flavor, A –…Read More

Category: Credit, Derivatives, Economy, Financial Press, Markets

Paul the FOMC Chair vs. Joe the Plumber

We don’t have permission to reproduce the entire column, but this recent Dan Gross column is definitely worth reading: The third fatal date? Oct. 15, when the third debate took place. Throughout the fall, Obama had rounded up financial icons such as former Federal Reserve Chairman Paul Volcker and Warren Buffett to serve as surrogates….Read More

Category: BP Cafe, Economy, Financial Press, Markets, Politics