January 19, 2009

The Ascent of Money, Encore

The last time around I posted a link to the PBS Series "The Ascent of Money" it stopped working. It's too good to give up, so let's take another shot -- this time with the version right from the PBS...

Bank Nationalization: Why Are We Pretending?

Can anyone out there explain to me why we're so busy pretending that the U.S. won't end up nationalizing some of its largest and most messed-up banks? Do we think that if we pretend long enough that we can make...

German Banks, or Good/Bad/F**ked Bank, Redux

Good piece in Der Speigel today on German bank debt and the good/bad/fucked bank model there: All the country's top commercial banks and the publicly owned regional banks known as Landesbanken took part in the survey which revealed that the...

Quote du Jour: Warren Buffett

From an NBC interview with Warren Buffett aired last night: It really is an economic Pearl Harbor. It-- the-- the country is facing something it hasn't faced since World War II.    -- via CNBC...

Sovereign Defaults, Live Discussion

Felix Salmon of Portfolio and I are doing a live discussion on sovereign defaults here at 9am PST this morning. Feel free to join in when it opens up in the following Coveritlive box:...