A batch of interesting video clips about the election of Barack Obama and the unfolding financial crisis has appeared over the past few days as all and sundry are attempting to make sense of a rather murky picture. A number of clips that have attracted my attention are shared below.
Firstly, back to basics with a rudimentary explanation by Enspireof how the mortgage crisis came about. (Click herein case you missed Enspire’s previous video, “Understanding the financial crisis”.)
Enspire Learning: The mortgage banking meltdown
Source: Enspire Learning (via YouTube), November 12, 2008.
Next, a number of clips from various market commentators on the lie of the political and economic land, kicking off with a discussion between Charlie Rose and Al Hunt.
Charlie Rose: A conversation with Bloomberg’s Al Hunt about Barack Obama’s meeting with George W. Bush
Source: Charlie Rose, November 10, 2008.
Financial Times: Don Gogel on Obama’s America
“In Part 1 Don Gogel CEO of private equity firm Clayton, Dubilier & Rice, talks to Richard Milne about how Americas business will change under an Obama presidency.”
Click here or on the image below to view Part 1 of the video.
“In Part 2 Gogel talks about the state of the private equity industry, and the risks and opportunities the current market presents.”
Click here for Part 2 of the video.
“In Part 3 Gogel talks about how the credit crisis will change finance, banking and government regulation.”
Click here for Part 3 of the video.
Source: Financial Times, November 11, 2008.
Bloomberg: Paulson shifts focus of rescue to consumer lending
Click here for the full article.
Source: Simon Kennedy, Bloomberg, November 12, 2008.
