Posts filed under “Video”
Since we get existing home sales later today:
James Galbraith, an economics professor at the University of Texas,
talks with Bloomberg’s Matt Miller from Austin, Texas, about the
outlook for the U.S. economy and the challenges facing the next
president, the impact of Federal Reserve monetary policy on inflation,
and the state of the U.S. housing market.
click for video
James Galbraith Says Housing Problem to Last `Long Time’
Bloomberg, May 16 2008
Malcolm Gladwell on the challenge of hiring in the modern world. From “Stories from the Near Future,” the 2008 New Yorker Conference.
Interesting discussion, classic Gladwell . . .
New Yorker, May 12, 2008
Huge, nearly an hour long Buffett video, via Bloomberg:
Billionaire Warren Buffett speaks at a news conference in Frankfurt at the start of a four-city European tour about his investment strategy and plans to add European companies to the portfolio of his investment and holding company Berkshire Hathaway Inc. Eitan Wertheimer, president of Israel’s Iscar Metalworking Cos., also speaks.
Buffett Sees ‘Plenty’ of European Acquisition Targets: Video
Bloomberg, May 19 2008
Myron Scholes, chairman of Platinum Grove Asset Management LP and
1997 winner of the Nobel Prize in economics, said the worst of the
crisis in credit markets may not be over.
"From my perspective, I think that we don’t know if the storm has
passed or if we are still in the eye of the storm. Are there other shoes to
drop and new events or new shocks that will come to the fore?’ In my view, this is probably as bad or worse than the 1989-1990 crisis
and may even rival the worst crisis we’ve seen since the end of the
Second World War,” Scholes said.
U.S. Treasury Secretary Henry Paulson said financial market conditions have improved to the point that they will be influenced more by economic forces such as housing than by the credit crisis.
"I expect that financial markets will be driven less by the recent turmoil and more by broader economic conditions, and specifically, by the recovery of the housing sector,” Paulson said in a speech in Washington. He reiterated his view that “we are closer to the end of the market turmoil than the beginning.”
click for video
Scholes, Nobel Laureate, Says Credit Crisis May Not Be Over
Vivien Lou Chen and Thomas R. Keene
Bloomberg, May 16 (2008
Paulson Says Capital Markets Show ‘Signs of Progress’
Bloomberg, May 16 2008
Sunday afternoon video:
Paul Volcker describes the financial crisis to the Joint Economic Committee of Congress on May 14, 2008 – 7 1/2 min excerpt.
Paul Volcker on the Financial Crisis
The Federal Reserve has taken extraordinary emergency measures in response to the current financial turmoil. Tonight, I spoke with Paul Volcker, former Fed chairman and one of the most respected figures on the economy, in an exclusive interview. Here is what he had to say about the collapse of Bear Stearns and the role the central bank has played
Volcker on Charlie Rose
Last week, while randomly channel surfing, I stumbled across a fantastic PBS documentary in the American Masters series, titled Marvin Gaye: What’s Going On.
It was a terrific review of the wonderful music and troubled life of Marvin Gaye.
Those of you who are less familiar with early Soul and R&B owe it to yourself to learn a bit about Gaye, best known as an artist on the Motown record label in the 1960s and 1970s.
Gaye had a classic R&B voice — described as "edged with grit yet tempered with sweetness." But he was much more than that: He was Motown’s renaissance man: A songwriter, composer, multi-instrumentalist, and record producer as well.
AllMusic: "Moving from lean,
powerful R&B to stylish, sophisticated soul to finally arrive at an
intensely political and personal form of artistic self-expression, his
work not only redefined soul music as a creative force but also
expanded its impact as an agent for social change."
You can explore Gaye’s work a couple of ways: The one click method is
either a box set or a Best Of. For the big 4 CD box, go with The Master 1961-1984. A less exhaustive approach is Every Great Motown Hit of Marvin Gaye.
I much prefer the albums over the greatest hits, The self-produced What’s Going On was a landmark effort, described as "a dramatic shift in both content and style that forever altered the face of black music." A mix of percussion, soul and jazz, it has a remarkably sophisticated and fluid sound. Reviewers have called What’s Going On a conceptual masterpiece.
The long-simmering eroticism implicit in much of Gaye’s work reached its boiling point with 1973′s Let’s Get It On, one of the most sexually charged albums ever recorded; a work of intense lust and longing, it became the most commercially successful effort of his career
Top Ten Albums
1971: What’s Going On (#6 U.S.)
1973: Let’s Get It On (#2 U.S.)
1973: Diana & Marvin (#5 UK)
1974: Marvin Gaye Live! (#8 U.S.)
1976: I Want You (#4 U.S.)
1977: Live at the London Palladium (#3 U.S.)
1982: Midnight Love (#7 U.S.; #10 UK)
1994: The Very Best of Marvin Gaye (#3 UK)
2000: Marvin Gaye Love Songs (#8 UK)
• NPR: A Tribute to Marvin Gaye
videos after the jump
I tried embedding a Windows Media version of several recent Bloomberg Videos yesterday, but somehow, we ended up with the autorun feature on, regardless of the setting.
This morning, I will embed it into a page after the jump to prevent that from autorun reoccurring:
Citigroup Inc. Chief Executive Officer Vikram Pandit faces an "impossible feat” in turning around the biggest U.S. bank as it faces “seismic” costs to restructure, Oppenheimer & Co. analyst Meredith Whitney said.
Citigroup will be forced to announce the sale of major businesses toward the end of this year or in early 2009, Whitney, who recommends investors sell the shares, said in a Bloomberg TV interview today. One of the units could be Banamex, the company’s Mexican branch, she said.
Whitney, 38, correctly predicted on Oct. 31 that New York- based Citigroup would cut its dividend to shore up capital after mortgage-related writedowns. Pandit on May 9 outlined plans to sell $400 billion in assets at the bank, which has booked more than $40 billion of credit losses and writedowns since the subprime mortgage market collapsed last year.
Citi’s Pandit Faces `Impossible Feat,’ Whitney Says
Margaret Popper and Josh Fineman
Bloomberg, May 12 2008
Boone Pickens Says He Is Ready to Bet on Wind Power
Bloomberg, April 29 2008