Guests: Vad Yazvinski and Mish Shedlock talk about all that is wrong with our banking system. Bailouts and bustouts, preferences and preferreds. It is a horrific mess. We review Buffett’s annual letter as well as the reasons behind why the U.S. is keeping Citibank (C) alive.
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Some of the more interesting and important items for March 1st :
Breathtaking – Mr. Santoli’s Eloquence – Just remember, when Mike turns bearish, I am all in…. But it is nice to see that the my earlier thoughts of the 2 things to own in a deep recession: Beer and...
The BBC online has a great page that shows some of the key points of the economic crisis, in graphics. Here is one that shows bailouts and failures.
In addition, there are charts and tables along with bubble-graphs that compare the size (enormity) of the global spend.
Some of the more interesting and important items for February 27th :
U.S. Treasury says to convert Citi shares to common – Game Over..
Obama’s unveils $3.6 trillion budget for ‘new era’ – OH BOY!
Bernanke’s Commentary – Bernanke sheds light on FOMC's perspective.
Yahoo CEO plans major overhaul: reports (Horowitz)...
FYI; You can go to DH Uplugged for the new site that will provide the link for the iTunes store version and subscription (Free). Use that for now on for the RSS FEED of the show and to get up to date information.
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