Media Appearance: Kudlow & Company (8/14/07)

Tuesday, August 14, 2007 | 04:30 PM
in Media

Kc128x88


Tonite, at 5pm on CNBC: Its the usual crew:  Marketwatch's Herb Greenberg, and the John "pull-no-punches" Rutledge.

Also up: I go one on one with Bear Stearns Chief Economist David Malpass (I suspect his bosses are none too happy with me).

The discussion will cover today's schmeissing, the market's increasing volatility, and the disappointing numbers and outlook from Wal-Mart (WMT) and Home Depot (HD). Other items to discuss:

-Financials continue to fighting off the unknown liability of their CDOs exposure;

-The definition of the word "contained"

To say the least, it should be interesting.

>
UPDATE: August 14, 2007 7:39 pm

In the Alan Greenspan segment, I forgot to mention the teeny weeny detail that it is the responsibility of the Federal Reserve as Central Banker to regulate banks and their lending policies.

So all those ARMs, I/Os, 120% LTV, and Liar Loans that are all in the process of defaulting today, blowing up RMBS, CDOs, and the highly leveraged hedge funds that own them -- I can place the blame for that on Alan Greenspan, too . . . 

Tuesday, August 14, 2007 | 04:30 PM | Permalink | Comments (26) | TrackBack (0)
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hold back no punches!!! Don't let the other guys get in there until you've completed your point.

Posted by: Stuart | Aug 14, 2007 4:37:30 PM

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