Media Appearance: Bloomberg TV (03/13/08)

Thursday, March 13, 2008 | 01:30 PM
in Media



This afternoon I'm on Bloomberg TV, from 2:00pm to 2:20 or so discussing the Fed rescue plans, the Markets, and the creative destruction of capitalism.

Some bullet points I hope to hit:

• The policy debate between recession vs. inflation is so 2007. The more current debate is whether the Fed is pushing on a string, and if the USA is looking at a situation similar to Japan in the 1990s.

• Is the Fed's ongoing interference in the markets positive or negative? Should some fIrms be allowed to fail -- or at least get banged up enough that someone -- better risk management, stronger capitalization, smarter management -- is able to swoop in and buy 'em cheaper?

Paulson's stronger mortgage rules are not a day late, and a dollar short -- they are a half decade late, a few a trillion dollars short . . .


If you are not near a TV, you can stream it. Should be fun. . .





UPDATE March 15, 2008 6:45am

click for video

Here's a cool new source for me: Find Internet,item,3393597389.aspx

Thursday, March 13, 2008 | 01:30 PM | Permalink | Comments (14) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



TrackBack URL for this entry:

Listed below are links to weblogs that reference Media Appearance: Bloomberg TV (03/13/08):


1: If it weren't for mark to market rules, the situation would have ended up much like Japan's crash. It could have been worse by a giant magnitude.

2: Re Paulson: Better late than never. Maybe Obama can get ahead of the curve in 2009 and figure out how to curb speculative frenzies without removing speculative risk. Maybe that will put a stopper on wild swings in oil.

3: The Fed has no realistic choice but to provide a safety net. Otherwise the stock market as a whole would resemble then Enron ESOP. See #2 above.

Posted by: cinefoz | Mar 13, 2008 2:05:24 PM

The comments to this entry are closed.

Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      


Complete Archives List



Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:

Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo



Odds & Ends

Site by Moxie Design Studios™