Posts filed under “Video”
Once again we’re closing the barn door after the horse is out and gone. In Washington, the Federal Reserve has finally acted to stop some of the predatory lending that exploited people’s need for money. And like Rip Van Winkle, Congress is finally waking up from a long doze under the warm sun of free market economics. But it’s waking to a nightmare.
Meanwhile, the Feds’ clamp-down on predatory lending has come too late for millions of Americans who have already lost their homes. The pain for them is real. They’re hurting badly, and so are their communities. You can see the whole picture in one neighborhood in Cleveland, Ohio. Producer Peter Meryash and correspondent Rick Karr take us there.
PBS, July 18, 2008
This was from Monday:
Marc Faber, managing director of Marc Faber Ltd. and publisher of the “Gloom, Boom & Doom Report,” and Charles Maxwell, an analyst for Weeden & Co., talk with Bloomberg’s Pimm Fox in New York about the outlook for the U.S. economy and stock market, Federal Reserve monetary policy and commodity prices. (Source: Bloomberg)
00:00 Faber: “oversold” stocks and “possible” rally
01:13 Faber: corporate bond market, defaults
04:24 Faber: “unusual” asset prices; auto industry
07:25 Faber: “L” shaped recession: recovery outlook
08:34 Faber: Fed policy, lending, commodities
10:31 Maxwell: oil prices, investment strategy
11:30 Faber: demand for commodities, exploration
13:17 Maxwell: “time lag” in energy prices
15:14 Guests: outlook for Dubai real estate
Faber Says Corporate Bonds `More Attractive’ Than Stocks: Video
Bloomberg, November 10, 2008 18:31 EST
Treasury Secretary Henry Paulson defended the changes made to the $700 billion rescue plan aimed at helping consumers. He told the NewsHour he never expected it to lead to a quick recovery of bank lending.
click for video
JIM LEHRER INTERVIEW WITH HENRY PAULSON, SECRETARY OF THE TREASURY
U.S. TREASURY DEPARTMENT
THURSDAY, NOVEMBER 13, 2008
The Onion asks, Should The Government Stop Dumping Money Into A Giant Hole?
- Four Engines Driving The Markets
November 12, 2008
Economist says share buybacks, mergers, dividends and earnings are all faltering in the downturn.
- Housing Hopes
November 11, 2008
Economist points to California and Florida-two states already seeing an uptick in sales.
- Obama: The New FDR?
November 10, 2008
Fusion IQ’s Barry Ritholtz expects Obama to spend big on public works in the next few years.