Good discussion on why ECB’s LTRO not effective

Tony Sanders, Senior Scholar at Mercatus Center, George Mason University says the European Central Bank’s long-term refinancing operation, which has been cheered by the markets isn’t a good long-term policy. Here is the direct link.

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Dent: market on Crack wants more Crack

Harry Dent, author of “The Great Crash Ahead,” says stocks are way overdue for a correction. “A market on crack only wants more crack,” he tells CNBC’s Rick Santelli. Here is the direct link.

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Gretchen Morgenson on Wall Street impunity

Gretchen Morgenson has earned a Pulitzer-winning career from exposing abuse and conflicts of interest on Wall Street. In this interview, she confirms that there is indeed a second set of rules that our elite financial institutions enjoy, largely unfettered by the constraints that apply to the rest of us. Here is the direct audio link.

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