Posts Tagged ‘crisis’
Bird and Fortune – Subprime Crisis
John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.
Duration : 0:8:50
Max Keiser on Gaza and the Financial Holocaust pt 2/2
Max Keiser on Gaza and the Financial Holocaust pt 2/2
Duration : 0:5:46
Subprime US Banking Financial Crisis Explained Part 3
http://www.informedtrades.com/
The 3rd and final lesson in a series on the subprime mortgage US Banking financial crisis explained.
Duration : 0:7:17
The Financial Crisis: Where Do We Go From Here?
Nouriel Roubini, Associate Professor of Economics and International Business, New York University; Brad W. Setser, Fellow for Geoeconomics, Council on Foreign Relations; Benn Steil, Director of International Economics, Council on Foreign Relations
Presider: Mort Zuckerman, Editor in Chief, U.S. News & World Report
(Sep 25, 2008 at the Council on Foreign Relations)
Duration : 0:57:9
Subprime US Banking Financial Crisis Explained Simply Part 2
http://www.informedtrades.com/
The 2nd lesson in a 3 part series examining the sub prime mortgage US Banking crisis and how this has affected the economy and different financial institutions around the world.
Duration : 0:7:7
Financial Sucking Sounds
We had a major confirmation today. All the trades based on predictability are broken. We saw that in the the currency markets today. The Yen Euro carry trade was broken. In terms of derivatives they are geometrically leveraged with little collateral security. If we trace back what happened with GS and AIG that was the first derivatives bailout. With sovereign risk we are facing the second wave of derivative exposure. We will either see default or cooperation. If cooperation comes in a re-valuation of the dollar it will not be as most people expect. The trend is YEN Euro towards parity, then a reset of obligations leaving China as bag-holder along with oil suppliers.
Duration : 0:9:43
Hart Says Swiss Banks Want `Clean Money’ Now: Video
Feb. 9 (Bloomberg) — Darlene Hart, chief executive officer of U.S. Tax and Financial Service Ltd., talks with Bloomberg’s Francine Lacqua about Switzerland’s banking industry and UBS AG’s agreement with the U.S. Justice Department to hand over client data on 4,450 accounts.
Switzerlands financial markets regulator challenged a court decision that it broke the law when ordering UBS to give client data to the U.S. (Source: Bloomberg)
Duration : 0:4:12
Pimco’s Gomez Sees `Good Investment Value’ in Poland : Video
Feb. 11 (Bloomberg) — Michael Gomez, co-head of emerging markets at Pacific Investment Management Co., talks with Bloomberg’s Margaret Brennan about his investment strategy for emerging-market debt.
Gomez also discusses the outlook for resolving Greece’s budget deficit crisis. (Source: Bloomberg)
Duration : 0:5:21
Cummings Says AIG Bonus Reductions Not a `Favor’ to U.S.: Video
Feb. 3 (Bloomberg) — U.S. Representative Elijah Cummings, a Maryland Democrat, talks with Bloomberg’s Peter Cook about American International Group Inc.’s payment of bonuses to its financial products division .
Employees in the bailed-out insurer’s financial products unit, which sold the derivatives that drove New York-based AIG to the brink of collapse, agreed to forgo about three-quarters of the $26 million in retention bonuses that the U.S. paymaster asked be forfeited, said people with knowledge of the matter.(Source: Bloomberg)
Duration : 0:3:17
People & Power-Financial Reforms:Taking on the Banks-16 Dec 09
While Barak Obama tries to reform the financial system, victims of the crash try to bring US banks to justice.
Duration : 0:24:1