Unprecedented actions taken by the president reserve to rescue the economy after it collapsed. His class is about an hour. Professor levy ok. In our lecture on the great depression, i talked about the origins of any financial crisis, it is always important to look at the resolution to the last crisis. When we think about the Great Recession, we have two moments of origin. The 1970s, the crisis of industrial capitalism and thinking about whether or not the American Economy has gotten out of that crisis. We have been talking about this. The second point of origin i think is the late 1990s, the new economy, and how the bubble crash sets of a pattern that goes across the 2000s. Into the great depression. So we ended our last lecture with Alan Greenspan before congress in 1998. It is in the midst of the new economy euphoria. Here is what he said. You read this, but i will read it out loud. In short, our economy is still enjoying a Virtuous Cycle, in which, in the context of subdued inflatio
Professor levy ok. In our lecture on the Great Depression, i talked about the origins of any financial crisis, it is always important to look at the resolution to the last crisis. When we think about the Great Recession, we have two moments of origin. First is the 1970s, the crisis of industrial capitalism and thinking about whether or not the American Economy has gotten out of that crisis. We have been talking about this. The second point of origin i think is the late 1990s, the new economy, and how the bubble crash sets a pattern that goes across the 2000s. So we ended our last lecture with Alan Greenspan before congress in 1998. It is in the midst of the new economy euphoria. Here is what he said. You read this, but i will read it out loud. In short, our economy is still enjoying a Virtuous Cycle, in which, in the context of subdued inflation and generally supportive Credit Conditions, rising equity values are providing impetus for spending and in turn the expansion of output, emplo
There are calls for an enquiry into whether parliament was misled. That is shocking. We need an immediate enquiry to look into exactly who knew what when. Last week, two Barclays Bankers walked free from court. How are you feeling . Delighted. But what about the bankers accused of conspiring with them whove been jailed . Barclays just threw us to the wolves. They get off with their fine while we rot in jail. We ask, should they have been prosecuted 7 you know, its my opinion that if this was available last year, the result might have been very different. How are you feeling . Delighted. Last week, two former Barclays Traders, ryan reich and Stylianos Contogoulas, walked free from court, cleared of Conspiracy To Defraud by rigging Interest Rates. It was the end of a long battle to clear their names. Im very happy obviously. This has been 5. 5 years of my life and ijust want to go back to my family. Thats it. Thank you very much. Thank you. Sometimes i look at it and i think im in a bad
In the market . Dow lost 85 points. S p shed 85 . You ill tell you how, you come out to San Francisco for the week, thats how. Were talking about all of the companies and these arent acceptable for the wins of the fed and lock of Economic Growth worldwide. We are talking to companies that are trying to win your affection. Either for themsel f you the same old same old. They want to give you some things that are bigger than what you need right now. Because they are trying to give you what they think youll need. In the future so you can stay ahead or the competition just beats you. All right . Thats what its about. Think about it like this. Action in the daytoday stock mark set hostage to what some Federal Reserve governor says about raising Interest Rates or the price of oil. Whether it is 50 or back to 45. Whether Deutsche Bank will escape the Death Penalty for the matter in Companies Traded because these issues can impact their earnings per share. But when you come out here to silicon
In the market . Dow lost 85 points. S p shed 85 . You ill tell you how, you come out to San Francisco for the week, thats how. Were talking about all of the companies and these arent acceptable for the wins of the fed and lock of Economic Growth worldwide. We are talking to companies that are trying to win your affection. Either for themselves or for their customers. The you the same old same old. They want to give you some things that are bigger than what you need right now. Because they are trying to give you what they think youll need. In the future so you can stay ahead or the competition just beats you. All right . Thats what its about. Think about it like this. Action in the daytoday stock mark set hostage to what some Federal Reserve governor says about raising Interest Rates or the price of oil. Whether it is 50 or back to 45. Whether Deutsche Bank will escape the Death Penalty for the justice department. Matter in Companies Traded because these issues can impact their earnings