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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: cyesp who wrote (113444)11/13/2008 12:36:27 PM
From: ChanceIs2 Recommendations   of 206168
 
RE: The End of Wall Street Boom...by Michael Lewis Nov 11 2008

Great article. Thanks for posting it.

I have to recommend this two hour long conference at the AEI as a follow-up. I personally attended it two weeks ago and listened to the rebroadcast once. Get the video here:

The Deflating Mortgage and Housing Bubble, Part IV: Where Is the Bottom?

aei.org

If you can't take he whole thing in, at least get Chris Whalen's part where he describes the mayhem which will result when the public finds out that the TARP isn't going to make loans, but rather to satisfy the commitments the banks made by selling credit default swaps to hedge funds. Starts 1 hr into the program (15:00 hours - 3PM in Washington coordinates) and lasts about 15 minutes.
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