Video: Satyajit Das -- On Greece & Europe
Das pounds on the following theme -- the undeniable insanity of bankrupt nations guaranteeing the debts of other bankrupt nations. Greece will default, and there will be haircuts for feckless bondholders no matter how they cry in anticipation.
Runs 4 minutes. Solid truth-telling. Das is the author of:
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Topics -- gold, national debt, true deficit, treasuries, stock market & hyperinflation
New information from German Finance Minister Peer Steinbruck on private AIG crisis discussions with Paulson. Panic would be an understatement.
Aired today. Story from Yves Smith. And detail on a new and massive, mortgage-modification bill introduced in Congress.
The pilots have been grounded. Details inside.
Outstanding new clip. Quotes transcribed inside.
Short Taleb speech at James Madison University delivered last week. Inisde I've also included links to the best Taleb clips of all time, with Roubini, Hugh Hendry, kicking Bob Rubin's ass and several more.
Another failed regulator -- Debbie Matz, chairman of the National Credit Union Administration, during a Senate Banking subcommittee hearing in October, 2009.
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Convenient for the Feds that this story was released late Friday afternoon.
Aired Saturday. Excellent discussion. Max is only mildly hyperbolic in this one versus last week with Yves Smith:
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We'll get back to bailouts, corruption and Bernanke's QE carpet-bombing tomorrow. Entertaining video but extremely embarrassing for the UAW.
Both clips are inside. The O'Donnell video runs 25 seconds and is newly released by Bill Maher -- from his HBO show last night.
Sep 28, 2010 at 11:00 PM
