NPR Fresh Air.

[Kevin Mc]

National Public Radio show Fresh Air has an interesting guest (Wall St. and the meltdown) on this afternoon @ 3PM EST. Should be a good listen, check your market for time and station.

http://www.npr.org/templates/story/story.php?storyId=92304458

 

[Dennis J. Black ASA IFAS]

Inside Job was a great book. Funny thing is that this crisis is the same in many ways. Financial Hot Potato is the name of the game.

 

[Kevin Mc]

Inside Job was a great book. Funny thing is that this crisis is the same in many ways. Financial Hot Potato is the name of the game.

Ditto. I loved that book as well. This one was released today, I pre-ordered it from Amazon.

 

[LA Woman]

Thanks for the heads up, sounds like an interesting show.

 

[Terrel L. Shields]

Chas. Morris's The Trillion Dollare Meltdown just published last month..Worth the read. Lays it out. Greenspan Put "put" us all in a bind and we ain't coming out of it until the fat lady sings.

Look for the Mother of all Write Downs when they have to Mark to Market a whole bunch of crap

 

[Hamlet]

Sweatshop conditions…working out of a hotel room, lap top grunts must approve one loan an hour…quicker the process the quicker the creation of bonds…a perfect lean machine to feed the greed.

Sounds like bath tub gin during prohibition.

I didn’t hear the word appraiser mentioned as being to blame for the sub prime crisis in this report. That was refreshing.

I’m so comforted by the fact that the fed’s cannot let Fannie and Freddie fail because it will cause a depression. Sure hope that is all it takes.