Monthly Archives: March 2010

60 Minutes looks at how Wall Street is paid to delude itself and investors

60 Minutes interviewed a handful of Wall Street outsiders who realized the subprime mortgage business was a house of cards and found a way to bet against it. Author Michael Lewis talks about the current situation on Wall Street, the … Continue reading

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Consumer Metrics Institute: Growth Index contracting since August

Interesting interview from Larry Doyle at No Quarter Radio this week. He spoke to Rick Davis of the Consumer Metrics Institute (CMI). Davis reports a consumer composite index of leading indicators which he says has led traditional GDP numbers by … Continue reading

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Robert Shiller: double dip chance in housing "very high."

Prof. Robert Shiller appeared on Bloomberg this morning discussing his latest Case-Shiller Index results for January and why we may still see a double dip in housing and the economy: “The big cloud on the horizon is the withdrawal of … Continue reading

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BNN appearance: Wed March 31 at 8:50am EST

Ms. Park was a guest on Business News Network (BNN) this morning, Wed March 31 at 8:50am EST. A clip of her appearance is available on the BNN web site. **Please note: Danielle mis-spoke when explaining that the VIX under … Continue reading

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Warren: Half of commercial mortgages under water by the end of 2010

By the end of 2010, about half of all commercial real estate mortgages will be underwater, said Elizabeth Warren, chairperson of the TARP Congressional Oversight Panel, in a wide-ranging interview on Monday. “They are [mostly] concentrated in the mid-sized banks,” … Continue reading

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Stocks & Commodities magazine interview in April edition

Stocks & Commodities magazine interviewed me recently for their April edition. An hour is a luxurious interview these days. I appreciated the time and breadth of questions. We were able to go into more detail than typical spots. The magazine … Continue reading

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