Posts filed under “Video”

Princeton: Crisis on Wall Street Panel Discussion

I saw this over the weekend, and thought it was pretty good.

Princeton economists review recent events on Wall Street and assess the implications for the economy and public policy.


- Hyun Shin, Professor of Economics and associate chair of the Department of Economics;
- Markus Brunnermeier, Professor of Economics;
- Harrison Hong, Professor in Finance;
- Paul Krugman, professor of economics and international affairs;
- Alan Blinder, Professor of Economics and Public Affairs and co‐director of the Center for Economic Policy Studies.

Category: Credit, Derivatives, Video

Stiglitz on Worst Case Scenario

Economist Joseph Stiglitz says everyone would be hurt if nothing is done


"Worst Case Scenario"

Originally broadcast: 60 Minutes – Sun Sep 28,  7:00 PM ET      

Category: Bailouts, Credit, Derivatives, Economy, Video

Bacevich: The Limits of Power

Is an imperial presidency destroying what America stands for?

Moyers sits down with history and international relations expert and
former US Army Colonel Andrew J. Bacevich who identifies three major
problems facing our democracy: the crises of economy, government and
militarism, and calls for a redefinition of the American way of life.


Part I

click for video


Part II


click for video

Read More

Category: Economy, Politics, Video

Ron Paul on the Bailout

Ron Paul schools the rest of the House on the Bailout bill

September 29, 2008 C-SPAN 

via CSpan Junkie

Category: Bailouts, Video

James Grant in FT

Good interview in FT:

Part I

Part II

Part III

click for video

Category: Bailouts, Video $700 Billion Is Just A Start

I did this non Tuesday: $700 Billion Is Just A Start:  Economist Barry Ritholtz sees the Treasury bailout cost
doubling and says the plan is rushed.

click for video


(I call this my "face made for radio" period)

Category: Bailouts, Video

Picking Apart the Plan

If you missed my boy Chris Whalen of Institutional Risk Analytics on SquawkBox, you missed some seriously straight talk:



on the $700B bailout, with Chris Whalen, Institutional Risk Analytics and CNBC’s
Steve Liesman

See also: Chris Whalen of the The Institutional Risk Analyst:

Good stuff . . .

Category: Bailouts, Credit, Taxes and Policy, Video

Shiller on the Bailout

Professor and "Irrational Exuberance" author nevertheless says he’s a fan of Henry Paulson, just not of his proposal:

Category: Bailouts, Credit, Video

WSJ: Bailout Discussion

Here’s the video I did for the WSJ on Tuesday — it was the #2 video on the site yesterday:

“Barry Ritholtz, the writer behind the popular economics blog “The Big Picture,” discusses his soon-to-be-published book, “Bailout Nation.” He tells WSJ’s Christina Jeng the government might be too quick to come to the rescue and it might not even benefit the economy. (Sept. 23)

Category: Bailout Nation, Bailouts, Books, Video

Faber: Fed Acted Like a Liquidity Drug Dealer

Faber calls out the Fed for their responsibility in the current crisis:

click for video


Liquidity will dry up even more, volatility will stay high and
financial assets are going to suffer as the crisis continues to unfold.
The bailout plan is unlikely to work and the global economy will take
the hit, he predicted.

“People rely on the people in Congress, at the Fed, at the Treasury,
people that brought us into this trouble, to take us out of trouble. I
don’t think they will succeed,” Faber said. “We can have recovery
rallies but a new high on the S&P is practically out of the
question for a very long time. In real terms, equities are still very
high and economically, I think the world will go into a slump.”

“Next year, if the economy in the U.S. is as weak as I think it
would be, the trade and the current account deficit will continue to
contract,” Faber said. “When global liquidity contracts, it’s not a
good time for financial assets.”

Other sources of funding, such as foreign reserves of resources-rich
countries, are also likely to dry up, Faber said. “I think sovereign
wealth funds are going to be very busy supporting their own markets,
they won’t have much money to buy assets around the world.”

The next emergency measure will be that Americans are not allowed to
buy foreign currency and transfer money overseas, and the next measure
will be not permitting Americans to buy gold and so on and so forth… It
creates even more uncertainty in the market place when you continually
change the rules.


Fed Acted Like a Liquidity Drug Dealer: Economist | 23 Sep 2008 | 05:10 AM ET

Category: Video