Video: Erin Burnett with Chris Whalen -- Aired Aug. 5, 2010
Goldman is planning to spin off proprietary trading to comply with the Volcker rule -- Chris Whalen, Institutional Risk Analytics and David Stepherson, Hardesty Capital.
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What an idiot. You're a mid-level portfolio manager and you agree to appear on CNBC to discuss bank stocks and earnings against the greatest banking analyst of the last 2 decades. And you're unprepared. You deserve the annihilation.
Second clip inside of Whalen with Larry Kudlow and James Glassman discussing the Fed, economy, recession. Yes Glassman, the Dow 36,000 nimrod. Do I still show glimpses of PTS from years as a tech bubble short seller? Probably.
From Whalen's email to the Bail:
- "This is a great example of how the Street is walking into the buzz saw on financials, happily buying lower revenue and poor quality earnings."
Keep watching. Whalen does not let up with the beatdown until Burnett closes the interview.
Clip #2
CNBC Video: Kudlow with James Glassman and Chris Whalen -- Aired Aug. 20, 2010
Must See from Whalen:
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