media

Simon Johnson, a former IMF Chief Economist, who blogs over at the Baseline Scenario, is testifying before Congress today about 'Too big to fail' financial institutions.  Below is a video in which he tells Bloomberg his thoughts on the…

On the back of a decent quarter at JPMorgan Chase, CEO Jamie Dimon has signalled his desire to repay government money as quickly as possible and remove the strings attached to that money.  Dimon has often said that JPMorgan Chase did not…

Jim Grant is definitely not in the deflation camp. He believes a robust policy response and enormous expansion in the Fed balance sheet is storing up monster inflationary forces which could take holding a recovery. As a result, he is…

One of my favorite books is "The Power Broker," a book for which Robert Caro won a Pulitzer Prize. It documents the life and times of master builder Robert Moses, who shaped New York City and American and world city planning for decades.…

Despite the fact that I can envisage a cyclical upturn this Winter, the menace of bank writedowns is ever-present. One analyst who has been particularly prescient on warning on this front is Mike Mayo, now working at Calyon. Below David…

This clip is very much in line with my thinking from a previous post.

In 2 hours I will be on BBC World News Today talking about the recent government actions involving the auto industry. Afterwards, I will have more to say about this here. In the meantime, here is what Barack Obama had to say.

Below is the video clip of U.S. Treasury Secretary defending his bailout plan which the likes of Paul Krugman have called "a plan to rearrange the deck chairs and hope that that keeps us from hitting the iceberg." The investors'…

This video from yesterday's Council on Foreign Relations symposium gives Treasury Seretary Tim Geithner a chance to explain why he has constructed his bailout plan in the way he has. Rather than editorialize the video, I will provide it…

Recently, I posted a Wall Street Journal article that suggested smaller banks and new banking enterprise can supply the lion's share of additional credit needed for the U.S. banking system. While President Obama is off meeting the heads of…