Credit Crisis Watch: Signs of Progress

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For the global financial system to start functioning normally again, it is imperative that confidence in the credit markets be restored. This post is an update on the “Credit Crisis Watch”, gauging the progress being made to unclog credit markets. [...]

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Video Interview: Roubini preaches more gloom

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Nouriel Roubini is renowned for having foreseen the current economic malaise a number of years ago. He was scorned at the time by mainstream economists for being a crank, but the same people are now lauding him for his foresight. This post shares a three-part video interview with Roubini on topics ranging from the likely duration of the recession to regulation, the demise of more hedge funds and the outlook for stocks, commodities, currencies and bonds. [...]

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Regulation – if only we had known!

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Source: Tom Toles, Washington Post

 

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Words from the (investment) wise for the week that was (Dec 15 – 21, 2008)

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Another chapter in dealing with the credit crisis and recession was written on Tuesday when the Fed announced a no-holds-barred set of measures in a determined attempt to fix the broken credit machine, revive economic activity and stem the deflationary tide. Read all about this and the implications for financial markets in my weekly review. [...]

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Corporate sleigh ride

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Hat tip: Barry Ritholtz, The Big Picture

 

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Video-o-rama: Betting the ranch

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The past week’s headlines were grabbed by the Fed “betting the ranch” in an attempt to resuscitate the ailing US economy. As expected, a number of videos dealt with the frantic actions of Bernanke & Co. But the Ponzi scheme of scamster Bernard Madoff also vied for a place in the history books, causing more billions to evaporate to money heaven. A number of video clips that have attracted my attention are shared in this post. [...]

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