Bill Moyers Speaks with NYT’ Gretchen Morgenson and Floyd Norris

Saving Capitalism from the Capitalists:

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Category: Credit, Derivatives, Video

Short Selling Ban Spreads Around the World

Category: Legal, Markets, Short Selling, Taxes and Policy

Traffic Update (Bailout Edition)

Several of you have written asking exactly how much traffic has spiked this week, and what it might mean in terms of a rally. Its a little complicated, but here are the details: As noted last week, September 15th was our first 100k+ day. The rest of the week was even busier: Traffic was nearly…Read More

Category: Contrary Indicators, Psychology, Technical Analysis, Trading, Weblogs

October 18, 1930: NYT on Short Selling

Category: Financial Press, Markets, Short Selling

Bill Moyers & Kevin Phillips on Bad Money

Bill Moyers sits down with former Nixon White House strategist and political and economic critic Kevin Phillips, whose latest book BAD MONEY: RECKLESS FINANCE, FAILED POLITICS, AND THE GLOBAL CRISIS OF AMERICAN CAPITALISM explores the role that the crumbling financial sector played in the now-fragile American economy.

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September 19, 2008


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Category: Bailouts, Currency, Economy, Video

Intrade Election Update, 9/20/08

Category: Options, Politics

Government Isn’t the Solution . . .

Tom Toles via the Washington Post

Category: Psychology, Taxes and Policy

The Underlying Basis of Finance & Credit

Category: Credit, Psychology

“The Week That Changed American Capitalism”

WSJ: NYT: > Sources: Markets Soar, but New Rules Upset Traders VIKAS BAJAJ, ANDREW ROSS SORKIN and MICHAEL J. de la MERCED NYT,  September 18, 2008 U.S. Bailout Plan Calms Markets, But Struggle Looms Over Details DEBORAH SOLOMON and DAMIAN PALETTA WSJ, SEPTEMBER 20, 2008

Category: Bailouts, Financial Press

Krugman: “We Are Socializing American Finance”

Paul Krugman, an economics professor at Princeton University, talks about the U.S. government’s move to cleanse banks of troubled assets and halt an exodus of investors from money markets and the outlook for the U.S. financial-services industry and economy

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00:00 "Socialization" of U.S. financial system
01:51 Bailout’s justification; "inevitable" rescue
04:13 The outlook for U.S. banks is "not clear."
05:02 "Weakening" economy into next year
Running time 05:57

Krugman Sees `Socialization’ of U.S. Financial System: Video
Bloomberg, September 19, 2008 17:53 EDT

Category: Bailouts, Taxes and Policy, Video