Posts filed under “Video”

GM ‘Bares Its Soul’ for Bailout

In seeking money from Congress, GM acknowledged its mistakes and candidly explained how close they are to collapse. WSJ’s Jeff McCracken and Dennis Berman discuss GM’s bailout request.


Category: Bailouts, Video

U.S. Auto Makers Come Back for More

General Motors Corp., Ford Motor Co. and Chrysler LLC return to Washington, D.C., this time asking Congress for even more money — $34 billion — and it looks like they will get what they came for. Video courtesy of Fox News.


Category: Bailouts, Video

Amity Shlaes: Clueless as Ever

Amity Shlaes “Rewrite history tour” continues apace. Recall that a few short months ago, Ms. Shlaes was insisting that we were not in a recession.

What is her solution to the current situation? Tax cuts.


Why a Modern-Day New Deal Won’t Work 12/1/2008

Amity Shlaes, senior fellow at the Council on Foreign Relations, explains to Dow Jones Newswires’ Simon Constable why the New Deal didn’t work in the 1930s and why Nobel laureate Paul Krugman is wrong to think a similar stimulus will work this time.

Category: Bailouts, Taxes and Policy, Video

Paul Krugman on Depression Economics

Paul Krugman, New York Times columnist and winner of the 2008 Nobel Prize for Economics, explains why the crisis is worse than Japan’s lost decade, saying the economy is in a free-fall and that unemployment will hit 10%.

Original air date, December 1, 2008.

Category: Video

Automakers’ Survival

Analysis and Discussion with Tom Libby of J.D. Power & Associates

Testimony Preview: (December 01, 2008):


Barclays Capital and Deutsche Bank Slash GM Target Prices to $1/share and $0/share Respectively; A GM Rescue Would Cost More Than Chrysler’ in 1980; Deutsche Says GM Bailout Coulg Require $10 Billion in Loans; GM Bailout Could Require $25 Billion for Rest

A GM Bailout: How It Might Work (November 10, 2008)

Category: Bailouts, Corporate Management, Video

U.S. Officially in Recession

Interview with James Poterba, Head of the National Bureau of Economic Research

Category: Economy, Video

Chatting With Krugman

This may be the winter of Paul Krugman’s content. President Bush, whose economic policies Krugman has derided from the beginning, is leaving office. Krugman has been awarded the Nobel Prize in Economics. And Norton has just published The Return of Depression Economics and the Crisis of 2008, a substantial revision of the book he originally published in 1999. Listen to an exclusive interview with Krugman by Newsweek senior editor and Moneybox columnist Daniel Gross.

via Big Money

Category: Markets, Video

Jim Rogers on Markets and Bailouts

Part I

Part II

Part III

Part IV

November 16, 2008

Category: Bailouts, Markets, Video

European/Asia Markets Preview

MarketWatch’s William Watts reports from London on the coming week’s expected policy moves by the European Central Bank and the Bank of England, along with a financial update from Britain’s grocery giant Tesco

Look Ahead in Asia: Australia To Cut Rates

The Reserve Bank of Australia is expected to cut interest rates this week, though by how much is a matter of speculation. Michael Kitchen reports


Category: Markets, Video

The thing about borrowing money…

Former Sec. of Commerce and Chairman of Blackstone Pete Peterson on debt and how, eventually, you have to pay it back.

Category: Bailouts, Credit, Video