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Barry Ritholtz has put pen to paper to write a memo “from Wall Street to Washington, D.C.”, spelling out in no uncertain terms the role that Uncle Sam played in enabling the current financial mess. [...]
As I am travelling at the moment, this week’s edition of “Words from the Wise” does not provide the customary review of the financial markets’ movements and economic statistics. Given time constraints, today I will only share with you a number of video clips in lieu of excerpts from news items and quotes from market commentators. Please feel free to post all your must-read links from the past week in the comments section, i.e. creating a DIY round-up so as to speak. [...]
Still on the topic of the bail-out plan, guest contributor Bill King (The King Report) offers his ideas on how to put a more credible plan together. His thoughts are insightful and deserve the attention of the powers that be. Please keep those comments and related links coming as this saga unfolds. [...] More on this topic (What's this?) Keith Fitz-Gerald: Why Europe's Latest Bailout Won't Work (Money Morning, 12/21/11) The End of Wall Street (Finance Documentaries, 12/23/11) Our Financial "Regulators" Just Let Us Down Again (Money Morning, 12/21/11) | |||||||||||||||||||||||||
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