BBC News world economy debate - World economy on the brink?

BBC News -- UK ^ | Thursday, 25 September 2008 | Andrew Neil & Robert Peston - BBC

[brityank]

BBC News world economy debate

BBC News held a debate on the current global financial crisis: World economy on the brink?

The discussion was chaired by Andrew Neil and featured leading members of the financial world including:

George Magnus, senior economic adviser, UBS

Ken Courtis, former vice chairman of Goldman Sachs, Asia

Terry Smith, chairman Collins Stewart investment banking group

Jim Chanos, founder and president of Kynikos Associates, a dedicated short-selling hedge fund

and BBC business editor Robert Peston.

[brityank]

Went looking for a comprehensive overview of the current financial crisis, and the ramifications it is and will have both in the US and worldwide; this 55 Minute video from the BBC covers all of it, and lays the blame squarely at the feet of the oversight failures of the Congress.

It's worth the time to watch, especially if, like me, you don't have the best grasp of overall monetary policy.

[EagleUSA]

.....and lays the blame squarely at the feet of the oversight failures of the Congress.
::::::::::::::::
Take note voters. You put them in there, and worse yet, YOU KEEP PUTTING THEM BACK IN THERE.....

[sasafras]

if you havent seen this video please take a minute to see this - send the link to everyone you know - the liberal news media is covering this up....

http://www.youtube.com/watch?v=_MGT_cSi7Rs

[relee]

Wow.

[brityank]

This can maybe help those of us that can’t follow past our own checkbooks where this could all lead. I think it’s long past time we restarted the House Un-American Activities Committee — with a firing squad !!

[Jacquerie]

Despite their culpability, there will never be Congressional Fannie/Freddie hearings.

Never. Don't even dream of it.

[Porterville]

Yes... and I believe that Russia is positioning itself to march....

The world is shifting again... every 30 years or so.... but this is a biggie.... this is a once in 50-100 years of global politics.

Liberal excess has reached an apex this round... now we will move decidedly conservative...