journalism

Bezos talks to Charlie Rose about internet retailing, the new Kindle 2, and more.

Banks do not have enough tangible common equity to make the grade on Tim Geithner's stress tests. That means the government will have to step in and bail them out. I will call this creeping nationalization. Paul Miller of FBR Capital…

James Galbraith, a well-known professor at the University of Texas-Austin has joined Paul Krugman in declaring Barack Obama's nearly $800 billion stimulus plan too small. Below is a video from the Wall Street Journal explaining why the…

Yesterday, Latvia was downgraded to junk. Despite its diminutive size, this is a big deal. Fist, it is a harbinger of what is to come for the rest of Eastern Europe. But, more importantly it is a signal that Western European banks…

After 10 years of 7% growth, the Russian economy is set for a serious setback. The video below lays out some of the details.

Everybody is talking about nationalization. The latest trigger is the Citi discussions with the U.S. government to convert taxpayers' preferred shares into common equity. Below are a few Bloomberg video clips from just this morning…

This week's Barron's magazine highlights the abysmal state of the Manhattan real estate market. Manhattan was one of the last bubble markets to burst. Now, things are unraveling quickly, particularly at the high end. Some experts see…

Meredith Whitney, the well-known former Oppenheimer analyst had some interesting words to say on CNBC about the banking sector, nationalization, dividends and Citigroup. Take a look.

Below is a very good video called "Inside The Meltdown" about the credit crisis which appeared on PBS FRONTLINE last night. This is must viewing for everyone. The clip runs just under one hour.