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Saturday, April 05, 2008 12:37:31 PM
http://events.startcast.com/events/199/B0003/#
Run time 38min Q&A @ 23min
A few spips from others....
Great talk by Don Coxe on the Bear Sterns fiasco,
why it happened, its effect on the US financial system,
and how to invest in its aftermath.
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You're right, I'm about a 1/3 away into Donald Coxe's institutional client conference call from April 4th, and it's excellent. In fact, the core themes sound a lot like the Fleckenstein interview on Puplava's FSO this weekend.
It was interesting to hear Coxe's "mea culpa" that he had misassessed the health of the banks and financials in his past recommendations. This ties back to my earlier criticism of Coxe that he failed to appreciate the seriousness of the credit crisis, and it systemic nature.
That being said, he's certainly holding no punches back in his criticism of how the Bear Stearns bailout is part of a continuous patter by the Fed of bailing out speculators at the expense of savers. Good for Coxe.
Well, back to the Coxe call[i/]
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Fantastic interview of Bill Fleckenstein on Puplava's Financial Sense Newshour this weekend.
http://www.financialsense.com/Experts/2008/Fleckenstein.html
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