Money and Finance
Federal Reserve releases 2008 meeting transcripts
Link to: FOMC: Transcripts and Other Historical Materials, 2008
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It may also be worthwhile to go back and review some of the Financial Crisis Inquiry Commission testimonies
HERE.
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Links
The full transcripts of the Federal Reserve's Federal Open Market Committee meetings from 2009 were released (LINK) [In conjunction with these, it might be interesting to revisit the FCIC interviews, now that a few years have passed, HERE.] Warren...
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Demand For U.s. Debt Is Not Limitless - By Lawrence Goodman
Thanks to Will for passing this along. The conventional wisdom that nearly infinite demand exists for U.S. Treasury debt is flawed and especially dangerous at a time of record U.S. sovereign debt issuance. The recently released Federal Reserve Flow of...
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The Gutenberg Economy - By Michael Lewitt
Adam Smith is spoken of as the father of modern laissez faire capitalism, as well he should be. But the market system Smith described in The Wealth of Nations (1776) no longer exists. Instead, it has morphed into a system of fiat money that owes its existence...
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Chou Funds: 2010 Annual Report
Found via The Corner of Berkshire & Fairfax.We went through a traumatic financial crisis in 2008 and 2009 and you can argue that under exceptional circumstances, the Government can, maybe should, intervene in the economy, as the U.S. Federal Reserve...
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Santangel’s Review: David Einhorn Financial Crisis Inquiry Commission Interview Transcript
A BIG thanks to Steve F. for passing this along. We’re in the business of identifying and evaluating great “undiscovered” investors. How do we know what to look for? In part, by studying great “discovered” investors, like David Einhorn of Greenlight...
Money and Finance