Oct 24, 2012 at 6:51 PM
Glenn Hubbard Practices For The Role Of Fed Chairman
Romney advisor Glenn Hubbard wants Bernanke's job so bad he can already taste the ink.
How Bob Rubin Stole $120 Million From Taxpayers And Nobody Noticed
"Nobody on this planet represents more vividly the scam of the banking industry than Bob Rubin."
Iceland FM: 'We Don't Force Our People To Bailout Banks'
'Unlike the U.S. and EU, we forced bank bondholders to take losses.'
Start watching at the 3-minute mark. Recorded yesterday.
60 MINUTES: Inside The Goldman Sachs Muppet Show
Buy side vs. sell side.
From tonight's 60 Minutes, an interview with former Goldman VP Greg Smith who became famous last year for resigning from the firm in a scathing editorial in the New York Times.
This has been happening for decades. Investment banks create products to be sold to clients. I've worked both sides. There's no excuse for buy side stupidity. This is how the industry works. Buyer beware. Nor is it in any way limited to exotic derivatives product. It happens with virtually every IPO that comes to market.
Go talk to Morgan Stanley. Facebook ipo @ $38, anyone?
Meanwhile In Australia: 'Budget Surplus, No Problem Mate!'
Hoocoodanode? Not everyone borrows 35 cents of every dollar.
Proof that budget discipline does indeed exist somewhere in the universe, at least not on a continent regularly inhabited by Paul Krugman.
FILM TRAILER - How They Lied When Pat Tillman Died
Tonight's presidential foreign policy debate reminds us that it's been 8 years since Pat Tillman's assassination in Afghanistan.