Posts filed under “Humor”

Bird & Fortune – Silly Money, Part 1 & 2

2nd Nov 2008. John Bird and John Fortune on Silly Money satirising the absurdity of the financial crisis.

Part I

Part II


Hat tip Calculated Risk

Category: Bailouts, Corporate Management, Humor, Markets, Video

Video-o-rama (Jan 16, 2009)

Video-o-rama: Gloomy news batters investor sentiment

Risk appetite around the globe deteriorated over the past few days as an avalanche of negative economic and corporate news battered already fragile investor sentiment.

A few of the more interesting video clips that attracted my attention are shared below. Amidst the grim reality of Bernard Madoff’s scam, we start off with Stephen Colbert’s take on Ponzi schemes. And as if we are not already confronted with enough absurdities, the last video, dealing with the porn industry’s plea for bailout money, caps it all. In between, a good dosage of clips on the economy and various asset classes provides stimulating viewing material.

Stephen Colbert: Ponzi schemes

Source: Stephen Colbert, Colbert Nation, January 6, 2009.

CNBC: Roubini – doom & gloom in 2009

Source: CNBC, January 15, 2009.

Bloomberg: Bernanke urges “strong measures” to stabilize banks
“Federal Reserve Chairman Ben Bernanke speaks about the possible need for more capital injections and guarantees to further stabilize and strengthen the financial system. Bernanke, speaking at the London School of Economics, warns that a fiscal stimulus won’t be enough to spur an economic recovery and that the government may need to buy or guarantee banks’ tainted assets to revive growth. Bernanke also discusses the Fed’s balance sheet, inflation expectations and US unemployment.”

Source: Bloomberg, January 13, 2009.

YouTube: Ben Bernanke holds Q&A session
Live from the London School of Economics, Fed Chairman Ben Bernanke answers questions.

Source: YouTube, January 13, 2009.

YouTube: Congressman Alan Grayson grills Fed Vice Chair Donald Kohn

Source: YouTube, January 13, 2009.

CNBC: Obama on the TARP
“President-elect Barack Obama says many people are disappointed by the TARP’s lack of ‘transparency’.

Source: CNBC, January 12, 2009.

Financial Times: Larry Fink on fiscal policy and the economy
“Larry Fink, chief executive and chairman of BlackRock, talks to FT’s Henny Sender about the forecast for 2009 and the implications for the financial markets. He also discusses deleveraging and his concern that it may be more destructive than the stimulus package.”

Source: Financial Times, January 8, 2009.

PBS: Economists explain why hints of the economic crisis eluded them
“Some of the nation’s brightest economists failed to predict the foreclosure crisis and economic recession that followed. Paul Solman asks them why no one connected the dots in time to warn the public.”


Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

, January 9, 2009.

Barron’s: State of the credit crisis
“Barron’s Mike Santoli contends there has been a dramatic improvement in many credit conditions that have been at distressed levels. But have stocks priced in enough of the recession?”

Source: Barron’s, January 12, 2009.

CNBC: Whitney on financials
“Banks may need another round of fresh capital this year, says Meredith Whitney, Oppenheimer & Co. director of research.”

Source: CNBC, January 14, 2009.

Financial Times: Citi fighting for survival
“By splitting of its bad assets, Citi hopes to rescue investors and fight for survival.”

Source: Financial Times, January 13, 2009.

Bloomberg: Biggs – US stocks may rise as economy stabilizes
“Barton Biggs, managing partner at Traxis Partners, talks with Bloomberg’s Matt Miller about the outlook for the US stock market and economy. Biggs, speaking from New York, also talks about the hedge-fund industry, Bernard Madoff’s alleged $50 billion Ponzi scheme and emerging market stocks.”

Source: Bloomberg, January 8, 2009.

CNBC: Doll – “risk assets” will outperform in 2009
“US stocks will see double-digit percentage gains this year, says Bob Doll, CIO of global equities at BlackRock. He adds that 2009 will be a year where ‘risk assets’ outperforms safe assets. He talks strategy, with CNBC’s Martin Soong & Karen Tso.”

Source: CNBC, January 15, 2009.

John Authers (Financial Times): Santa Claus rally is over
“The US financial sector is again dragging down markets.”

Click here for the article.

Source: John Authers, Financial Times, January 14, 2009.

CNBC: Bonds still best bet – Hendry
“Government bonds are still the safest bet for investors in these uncertain times, and the euro will face an uphill battle as weak economies will need more flexibility, Hugh Hendry from Eclectica told CNBC.”

Source: CNBC, January 12, 2009.

CNBC: Cash in on debt
“Besides being overweight on high quality investment-grade corporate bonds, Chew Soon Gek, CIO, Asia at Deutsche Bank Private Wealth Management also likes government bonds for safety.”

Source: CNBC, January 13, 2009.

CNBC: Pickens on renewable energy
“Boone Pickens is taking his renewable energy plan back to Capitol Hill today, and the billionaire oil man discusses the plan with CNBC.”

Source: CNBC, January 13, 2009.

Financial Times: Jim O’Neill on emerging market investments
“Chief economist at Goldman Sachs, tells FT’s David Oakley where to find value in emerging market investments.”

Source: Financial Times, January 9, 2009.

Business Week: A Chinese depression?
“Business Week Chief Economist Mike Mandel explains why China, so far relatively unscathed, could be badly hurt by the rapid fall in global trade.”

Source: Business Week, January 14, 2009.

CNBC: The porn economy
“The ‘Girls Gone Wild’ creator is asking the government for bailout cash, reports CNBC’s Melissa Lee.”

Source: CNBC, January 9, 2009.

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Category: Economy, Humor, Markets, Video

The Bailout Game

We’ve reached the point where things are so bad we can only laugh at it — and that means its time for amusing and silly, time-killing web games. The US Economy is failing. Your job is to save it from economic ruin by choosing which companies live and which can be let go bankrupt. Interactive…Read More

Category: Bailouts, Humor, Web/Tech

Ponzi Schemes

Bernard Madoff lost less money than AIG and he throws way better parties.


Category: Humor, Legal, Markets, Video

Newstopia Explains the Reserve Bank


October 01, 2008

This was taken from the TV show “Newstopia” (Season 2, Episode 3, aired 12 March 2008). I’m uploading this to celebrate the launch of the third season of the show. This is one of my favourite moments from the second season.

Category: Humor, Markets, Television, Video


> That’s what you get when you merge Citigroup and Morgan Stanley . . . >

Category: Humor, M&A

Lipstick for the Deficit Pig

Enjoy your weekend!

Category: Humor, Politics, Taxes and Policy

Beware Wall Street’s Happy Talk

Over at Marketwatch, Paul Farrell sifts through a book (sitting on my shelf) and pulls out these embarrassing quotes. 15 reminders of how happy talk misled us a decade ago October 1999: James Glassman, author “Dow 36,000.” “What is dangerous is for Americans not to be in the market. We’re going to reach a point…Read More

Category: Financial Press, Humor, Markets, Psychology, Really, really bad calls

Dr. Paulson’s Bailout Prescription

Category: Bailouts, Credit, Derivatives, Humor

Happy New Year’s from the Fed

Debra Borchardt celebrates the Fed’s $500 billion purchase of mortgage-backed bonds.

Sat 01/03/09 17:59 PM EST — Debra Borchardt

Category: Humor, Video