Marketplace Off Air
If you've got some spare time...
…this is worth a read.
It’s a paper from the Bank of International Settlements called The housing meltdown: Why did it happen in the United States?
Only 36 pages…not so painful.
Hat tip to Barry Ritholtz at The Big Picture
- October 2, 2008 — Kai Ryssdal
- 1 comments
Latest Posts
- Keeping your gig
- Devastating job losses
- Going Down Under
- Oil skids
- Preventing foreclosure
- Highland Fling
- Fewer jobs, fewer buyers
- Paulson's new plan
- Dubai Eight Months Later
- Show me the money...
- Pink slips
- Goldman Sachs as online bank
- GM vs. Toyota
- Showdown for the showroom
- Random recession note...
- In case you've been wondering...
- Two charts...
- How bad is it at General Motors?
- The Whiteboard: How credit cards become asset-backed bonds
- Just wait for the hearings on this...
- Here's why Paulson bailed on the TARP...
- How's it going at your workplace?
- If you've been wondering...
- I'm pretty sure this is bad...
- Well, THIS is interesting...
- You've been wondering how we're going to pay for the bailout?
- If you're keeping score
- Not so easy...
- Visual guide to the financial crisis
- German prudence great for rainy days
- Obama meant it about C02
- GM gets the 'Pelosi bump'
- Some good news in the fight against AIDS
- What's your workforce strategy?
- Google leaves Yahoo deal
- Winner gets a bad economy
- Dressing up for the crisis
- We're running up an 'eco debt,' too
- Bizarre HSBC bank ad
- Dow closes up nearly 900 points
- Show me the money
- Wait 'til Bernanke sees THIS!
- Most House members' campaign cash from outsiders
- Gold ain't glimmering
- Getting naked in short selling
- Strauss-Kahn apologizes to IMF for scandal
- A look inside Marketplace
- A spoonful of sugar...
- Stand Up and Face the Music
- What are we talking about?
- Morning reading...
- Oh, the irony...
- Take the money...
- The credit crisis as Antarctic expedition
- I thought this was great...
- You must be joking . . .
- Two useful nuggets and one shameless plug...
- Now, how to put this on the radio...
- Untangling credit default swaps
- Everybody's talking...
- Can he DO that?
- I.O.U.
- Chewing on the credit crisis
- The power of youth...
- How do you say 'too big to fail' in German?
- 'Twas the Night Before...
- Crisis explainer: Uncorking CDOs
- What would you ask if you had the chance?
- How did this happen?
- Don't look now...
- If you've got some spare time...
- Hitting Close to Home
- Show me the money
- Senate Bill...
- I know who'd pony up
- Think about this for a second...
- What's good for Warren Buffett...
- Raise your hand...
- Fundamentally speaking...
- Brackets for the meltdown office pool?
- Plenty of alternative ideas for getting out of this mess
- If at first...
- Revenge, rather than stopping the bleeding
- Goldman Sachs gets big boost from Buffett
- More victims of the Wall Street crisis
- What's your opinion on the bailout?
sponsor
Comments (1)
October 3, 2008 8:01 AM PT
“The job of financial journalists was to examine the sharks who created interest crises and speculated away the savings of the small investors, to scrutinize company boards with the same merciless zeal with which political reporters pursue the tiniest steps out of line of ministers and members of Parliament. He could not for the life of him understand why so many financial reporters treated mediocre financial whelps as rock stars.” Steig Larsson in “The Girl with the Dragon Tattoo”
Does this sound familiar? Neither the government nor the financial journalists were watching the store because they had their hands in someone else’s pocket.