Posts filed under “Video”

President Bush and Home Ownership

There was an editorial in IBD this week, mistitled, Why The Mortgage Crisis Happened. Funny thing is, they somehow overlooked these speeches below.

The pandering and disinformation campaign of the far right are looking more and more like the death spasms of an intellectually bankrupt ideology . . .

A Home of Your Own, by President Bush, May 17, 2002

President Bush 2002 Speech Encouraging More Lending Fanny Mae and Freddie Mac

President Bush Discusses Homeownership Financing August 31 2007

Sources:
Why The Mortgage Crisis Happened
M. JAY WELLS
10/29/2008

http://www.investors.com/editorial/EditorialContent.asp?secid=1502&status=article&id=310173877357981

Category: Politics, Real Estate, Video

Behold…The Decabox!

Category: Video

Fear vs. Facts on Lehman

Einhorn & Ritholtz vs Gasparino and Fuld:

Category: Short Selling, Video

The Oil of the Future

WSJ’s Russell Gold looks at offshore drilling in Brazil where future crude may come from. (Oct. 29)

Category: Commodities, Video

Peter Schiff on Bloomberg October 28, 2008

PartI

Part II

Category: Video

Jim Rogers on Bloomberg (10/24/08)

Jim Rogers on Bloomberg last Friday

Category: Video

Levitt: Derivatives Necessary, Should Be Regulated

Former U.S. Securities and Exchange Commission Chairman Arthur Levitt talks about the importance of credit derivatives to the financial markets and the need for regulation and transparency, and the outlook for executive compensation at financial firms. Levitt is a senior adviser to the Carlyle Group and a board member of Bloomberg LP, the parent company of Bloomberg News.

click for Video:

00:00 Credit derivatives’ importance, transparency
01:26 Growth of derivatives market, new regulation
02:11 “Some moderation” in executive compensation

Running time 03:48

Source:
Levitt Says Derivatives Necessary, Should Be Regulated: Video

Bloomberg, Last Updated: October 29, 2008 09:23 EDT

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

Category: Video

PBS Video: Taleb & Mandelbrot

Economist Nassim Nicholas Taleb and his mentor, mathematician Benoit Mandelbrot, speak with Paul Solman about chain reactions and predicting the financial crisis.

click for video

Taleb_mandebrot

Excerpt:

RAY SUAREZ: Finally tonight, we return to a subject on many minds these days: the financial crisis. Our economics correspondent, Paul Solman, checked back in with one particularly prominent voice in the investment world and his colleague, who guided his thinking.

Here is the pair’s sobering conversation on what may lie ahead.

PAUL SOLMAN, NewsHour Economics Correspondent: One of the world’s hottest investment advisers these days, Nassim Nicholas Taleb, author of "The Black Swan," who’s been warning of a crash for years, betting on one, and winning big.

He’s been ubiquitous in the financial media of late, from cable TV’s "Colbert Report" to the BBC’s "Newsnight," where he was infuriated by what he called "bogus accounting."

NASSIM NICHOLAS TALEB, Scholar and Author: The first thing I would get immediately, immediately, I would suspend something called value at risk, quantitative measures of risk used by banks, immediately.

PAUL SOLMAN: We sat down with Taleb and the man he calls his mentor, mathematician Benoit Mandelbrot, pioneer of fractal geometry and chaos theory. And even more than feeling vindicated, they’re both scared.

NASSIM NICHOLAS TALEB: I don’t know if we’re entering the most difficult period since — not since the Great Depression, since the American Revolution.

PAUL SOLMAN: The most serious situation we’ve been in since the American Revolution?

            
   

Source:
Top Theorists Examine Rippling Economic Turbulence   
PBS, October 21, 2008   
http://www.pbs.org/newshour/bb/business/july-dec08/psolman_10-21.html

Category: Markets, Mathematics, Quantitative, Video

Moyers: James K. Galbraith on Financial Crises

Bill Moyers talks about the economic future with with James
K. Galbraith, Lloyd Bentsen, Jr. Chair in Government/Business Relations
at the LBJ School of Public Affairs at the University of Texas at
Austin. Galbraith is the author of six books, the most recent, The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too.

click for video
Galbraith

Source:
Bill Moyers Journal
PBS, October 24, 2008

http://www.pbs.org/moyers/journal/10242008/watch2.html

Read More

Category: Bailouts, Books, Television, Video

60 Minutes on Derivatives (1995)

Tonite’s 60 Minutes revisits an older show on derivatives. Here is their 1995 look at derivatives:

Source:
The Bet That Blew Up Wall Street
Steve Kroft
CBS, Oct. 26, 2008
http://www.cbsnews.com/stories/2008/10/26/60minutes/main4546199.shtml

Category: Derivatives, Video