The Credit Crisis: How We Got Into the Current Mess and How We Can Get Out

Thursday, October 02, 2008 | 10:00 AM

Press Release

ALERT: The Credit Crisis: How We Got Into the Current Mess and How We Can Get Out

Risk Metrics Group, Fusion IQ, and Roubini Global Economics cordially invite you to join a LIVE web conference on Thursday, October 2nd, 2008 from 5:00 to 6:00 pm ET.

Nouriel Roubini, Chairman of RGE Monitor, and Barry Ritholtz, CEO and Director of Equity Research of Fusion IQ, will discuss the current financial crisis, followed by Q&A.

~~~

We anticipate very high demand for this web conference and space is limited.  Please register as soon as possible.

To register for this meeting:

1. Go to https://communique.webex.com/communique/j.php?ED=109114167&RG=1
2. Click on the button to REGISTER
3.  Register for the meeting

RGE Monitor is a leading economic research and analysis firm based in New York.   To learn more about RGE Monitor, please visit rgemonitor.com.

Fusion IQ is a quantitative research firm in NY. Barry Ritholtz  is the creator of the Big Picture, one of the web's most popular financial/economic blogs bigpicture.typepad.com

This Webcast is hosted by Risk Metrics Group.  RiskMetrics Group (NYSE: RMG) is a leading provider of risk management and corporate governance products and services to financial market participants. For more information, please visit: riskmetrics.com.

Thursday, October 02, 2008 | 10:00 AM | Permalink | Comments (32) | TrackBack (0)
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Comments

I've got t-ball practice with my son at that time - any chance we'll be able to get a replay or transcript soon?

~~~

BR: Of course!

Posted by: E | Oct 2, 2008 10:04:58 AM

could be a hit at youtube, if you upload it

Posted by: Ali Saygin | Oct 2, 2008 10:15:31 AM

Barry - I'm guessing nobody in Congress has talked to you or Roubini regarding this highly flawed bill?

On another note - looks like deflation truly upon us.

Leftback - All aboard the D-Train. Getting ugly out there all around.

Steve Barry - Your QID looks like the play to me. Wish I had bought more.

Posted by: Jeff M. | Oct 2, 2008 10:20:00 AM

One way would be not to accept shit paper from Foreign banks such as the Bank of shanghai. A Democratic Representative lays it all out:

http: //patrick.net/housing/contrib/foreign.html

Posted by: SPECTRE of Deflation | Oct 2, 2008 10:24:12 AM

Good to hear that the two best minds on Wall Street are getting together to make their pitch for a better way because there is a BETTER WAY.
Please note that the current bill is a triumph of ideology over experience and good sense. Bush would never allow a bill to pass that nationalized banks with a direct infusion of capital no matter how much more efficient this plan would be based upon the success of the Swedish model. Hence, we are stuck with this one last giant golden parachute to remember them all by.

Posted by: Reno Dino | Oct 2, 2008 10:25:19 AM

Good idea BR!

I'm guessing Larry Kudlow won't be present to interrupt...

Posted by: Chief Tomahawk | Oct 2, 2008 10:27:52 AM

This should be even better than putting chocolate and peanut butter together.

Looking forward to it.

Posted by: pmorrisonfl | Oct 2, 2008 10:33:15 AM

Is SeekingAlpha posting the transcript? (just kidding)

Posted by: KellyD3 | Oct 2, 2008 10:36:07 AM

ALERT: The Credit Crisis: How We Got Into the Current Mess and How We Can Get Out

Is there a way out? WoW.

Please do post the transcript BR. Should be interesting.

Posted by: pj | Oct 2, 2008 10:38:50 AM

Dude! You and my other favorite web deity, talk about big brains together!! I can't wait to read the output.

Posted by: TulsaTime | Oct 2, 2008 10:40:24 AM

My name is Sarah Palin and I approve this message.

Putin. Bad. Guns. Good. Books. Bad. Caribou. Bad. Main Street. Something. Something. Something. Help me on this. Is it good or bad? Never mind.

Putin. Bad.

Posted by: Sarah Palin | Oct 2, 2008 11:01:02 AM

the transcript will become a kind of samizdat for future generations, when our children's children are fighting off the Terminators

Posted by: scorpio | Oct 2, 2008 11:04:21 AM

Good deal...I know the two of you will have some great thoughts. I imagine that your plan is basically a parachute based one where we ease into market equilibrium somehow? Perhaps there is no way to "ease" into anything; are not markets ment to be violent at times? We still have not had anything close to what past capitulations have been. Bring on the hurt, the hell with this death by a thousand cuts!

Posted by: Concerned Citizen | Oct 2, 2008 11:05:19 AM

From Twitter: bailout call-out Oregon senators Ron Wyden and Gordon Smith for the courageous addition of Arrow protection (per Bloomberg)

Would someone with a bigger audience than me please call these particularly Responsible Senators out, maybe then some will have second thoughts next time..!!

Posted by: Tom Brander | Oct 2, 2008 11:17:24 AM

Transcript of conversation in the debate preparation room:

Sarah: John, c’mon now. Do the people on Main Street really believe our bullshit that we give a damn about them?

John: Yes. It works every four years for us. Repeat after me. Values. God.
Mother. Country.

Sarah: Values. God. Mother. Country.

John: Good job, Sarah. Stick to the line and we get half of them. Then we get the 1-2% that are wealthy and SHOULD be voting for us and we win 52-48 or 51-49.

Sarah: Values. God. Mother. Country. Burn books. Shoot caribou.

John: No, Sarah. Just the first four. Stay with the program.

Sarah: Values. God. Mother. Country. This actually works?

John: Yes, Sarah. You see, nobody’s average. Average is just an arithmetic term. Take IQ, for example. The average IQ is 100 but half the people are 130 and the other half are 70. We go after the 70’s.

Sarah: 70 is pretty dumb, isn’t it?

John: Yes, Sarah. 70 means clueless, and so stupid they don’t even KNOW they are clueless.

Sarah: John, am I a 130 or a 70?

John: Repeat after me. Values. God. Mother. Country.

Posted by: TG Randini | Oct 2, 2008 11:25:33 AM

Rightwing and Leftwing nuts..you have to really respect their ability to reach deeper into a toilet to extract the point they make...how do they get their arms out..? They don't ...it appears that's where they live their life ...man people are disppointing sometimes..

Posted by: brasil | Oct 2, 2008 11:29:29 AM

BR I applaud your and RGE's guidance and efforts to launch a working plan. However, Washington isn't interested hearing it. They know how to solve the issues you, NR and others see. Problem is, they have been threatened in many ways by our friends and foes alike around the world. We have to backstop this to make amends to those who hold fiscal and/or military powers even though we head straight into a depression. DC just doesn't have the balls to tell it like it is!

Posted by: Evlis | Oct 2, 2008 11:32:32 AM

Putin.. bad. Katie Couric.. vewy vewy bad. Joe Sixpack.. YEAH!!!

Posted by: Bob A | Oct 2, 2008 11:38:12 AM

"DC just doesn't have the balls to tell it like it is!"

Middle America does not have the sack to hear it like it is. That is why the continue to elect representatives who tell them what they want to hear.

"The fundamentals of the economy are strong."

Posted by: Blackhalo | Oct 2, 2008 11:50:22 AM

my dear brazil,

Call me a hammer, or a nail, or even a bolt. But a ‘Wingnut’? That would be putting me in a category with people like Thomas Paine, Jean-Jacques Rousseau, and Groucho Marx.

Hey, come to think of it, thanks. (Especially the Groucho…)

I may be a plumber, but not having been long for a year means that the average equity portfolio has plumbed to depths 25% below mine.

Bolts are static. Wingnuts know how to dance.

Posted by: TG Randini | Oct 2, 2008 11:55:31 AM

Would someone with a bigger audience than me please call these particularly Responsible Senators out, maybe then some will have second thoughts next time..!!

Not for nothin, but Wyden did vote nay on this abortion.. I'm still in shock at Coburn.

(I'd thought back in 2000 that a McCain/Wyden ticket would be something I could vote for, but it looks like M has decided that he wants the presidency before he dies and is willing to compromise anything to get it. The McCain of 2008 is not the same man as the one in 2000, more's the pity.)

Posted by: Dr. Kenneth Noisewater | Oct 2, 2008 12:10:37 PM

..sorry read it wrong ..it was every bit the equal of Thomas Paine, Jean-Jacques Rousseau..I just missed the classical aspect...lol ..I understood it as a joke ...my comment was being written as you posted

Posted by: brasil | Oct 2, 2008 12:17:02 PM

Just posted the a link to web meeting on Twitter Politics.

Posted by: Jay | Oct 2, 2008 12:32:42 PM

Fantastic!!

I'll be there!

Posted by: BG | Oct 2, 2008 1:00:01 PM

Barry, any chance you can get some House members to listen in? THEY are the ones who need to hear you and Nouriel!

Posted by: Becky | Oct 2, 2008 1:18:01 PM

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