Linkfest: Geithner memoirs; Leaky central banks; Student debt-laden 20-somethings hate stocks
Categories: Linkfest
Today’s most shared:
- Geithner memoirs revisit crisis, raise blood pressures.
- Did Fed announcements leak, a little?
- ECB leaks, presumably planted, seed ground for easing measures.
- Hard-hit millennials hobbled by student debt, wary of stocks.
- The $450m ‘and’ hidden in Caesars debt documents.
Timothy Geithner: The Vox interview
vox.com
The former Secretary of the Treasury sat down with Ezra Klein for a wide-ranging discussion of how Team Obama avoided a second Great Depression and the toll his job took on his family.
shared by @SonyKapoor, reddit/Economics, @AntDeRosa, @BCAppelbaum, @FGoria
vox.com
The former Secretary of the Treasury sat down with Ezra Klein for a wide-ranging discussion of how Team Obama avoided a second Great Depression and the toll his job took on his family.
shared by @SonyKapoor, reddit/Economics, @AntDeRosa, @BCAppelbaum, @FGoria
Tim Geithner’s Lack Of Nerve Drove Me From The New York Fed
Business Insider
A former NY Fed lawyer on the moment he discovered Geithner’s inherent risk aversion.
shared by @jennablan, @pdacosta, @BCAppelbaum, @IvanTheK, @eisingerj, @nasiripour
Business Insider
A former NY Fed lawyer on the moment he discovered Geithner’s inherent risk aversion.
shared by @jennablan, @pdacosta, @BCAppelbaum, @IvanTheK, @eisingerj, @nasiripour
Tim Geithner: More Banker Than the Bankers
New Republic
In the NYT, Geithner unintentionally gives it away: He’s accepted the financialization of the economy as a plus—and it colors his every utterance as he promotes his book.
shared by FT Alphaville, @mccarthyryanj, Naked Capitalism, @M_C_Klein
New Republic
In the NYT, Geithner unintentionally gives it away: He’s accepted the financialization of the economy as a plus—and it colors his every utterance as he promotes his book.
shared by FT Alphaville, @mccarthyryanj, Naked Capitalism, @M_C_Klein
Geithner’s AIG Story: Genius, or Clueless?
foxbusiness.com
Tim Geithner’s AIG deposition — reviewed for the first time by FOX Business — provides a somewhat different take on his actions during the financial crisis than what appears in his new memoir.
shared by Credit Writedowns, @edwardnh, @niubi, @Convertbond
foxbusiness.com
Tim Geithner’s AIG deposition — reviewed for the first time by FOX Business — provides a somewhat different take on his actions during the financial crisis than what appears in his new memoir.
shared by Credit Writedowns, @edwardnh, @niubi, @Convertbond
Recession-Baby Millennials Scarred by U.S. Downturn Spurn Stocks
Bloomberg
Portfolio manager Patrick O’Shaughnessy was talking with friends last year when he told them he invests only in stocks.
shared by @BarbarianCap, Crossing Wall Street, reddit/Economics
Bloomberg
Portfolio manager Patrick O’Shaughnessy was talking with friends last year when he told them he invests only in stocks.
shared by @BarbarianCap, Crossing Wall Street, reddit/Economics
Student debt hobbles millennials
New York Fed
Last year, our blog presented results from the FRBNY Consumer Credit Panel (CCP) indicating that, at a time of unprecedented growth in student debt, student borrowers were collectively retreating from housing and auto markets.
shared by Business Insider, @MarkThoma, reddit/Economics, @NickTimiraos
New York Fed
Last year, our blog presented results from the FRBNY Consumer Credit Panel (CCP) indicating that, at a time of unprecedented growth in student debt, student borrowers were collectively retreating from housing and auto markets.
shared by Business Insider, @MarkThoma, reddit/Economics, @NickTimiraos
Rebellious Economics Students Have a Point
New Yorker
University students are rejecting the textbook methodology that all too often reduces economics to a set of mathematical exercises.
shared by @TheIntuitInvest, @TimHarford, reddit/Economics, @moorehn, @Ian_Fraser
New Yorker
University students are rejecting the textbook methodology that all too often reduces economics to a set of mathematical exercises.
shared by @TheIntuitInvest, @TimHarford, reddit/Economics, @moorehn, @Ian_Fraser
Investors May Have Gained Early Word on Fed Policy: Study
Bloomberg
Some investors may have gotten early word of changes to Federal Reserve policy between 1997 and 2013 and profited by trading before the policy shifts were publicly announced, according to Singapore-based researchers.
shared by FT Alphaville, @Convertbond, @BarbarianCap, Here Is The City
Bloomberg
Some investors may have gotten early word of changes to Federal Reserve policy between 1997 and 2013 and profited by trading before the policy shifts were publicly announced, according to Singapore-based researchers.
shared by FT Alphaville, @Convertbond, @BarbarianCap, Here Is The City
ECB readies package of rate cuts and targeted measures
Reuters
The European Central Bank is preparing a package of policy options for its June meeting, including cuts in all its interest rates and targeted measures aimed at boosting lending to small- and mid-sized firms (SMEs).
shared by @ChrisAdamsMKTS, reddit/Economics, @davidgaffen, @ObsoleteDogma
Reuters
The European Central Bank is preparing a package of policy options for its June meeting, including cuts in all its interest rates and targeted measures aimed at boosting lending to small- and mid-sized firms (SMEs).
shared by @ChrisAdamsMKTS, reddit/Economics, @davidgaffen, @ObsoleteDogma
Vietnam mobs set fire to foreign factories in anti-China riots
Reuters
Thousands of Vietnamese set fire to foreign factories and rampaged in industrial zones in the south of the country in an angry reaction to Chinese oil drilling in a part of the South China Sea claimed by Vietnam, officials said on Wednesday.
shared by @JacobWolinsky, @YanniKouts, @Dvolatility, @pdacosta
Reuters
Thousands of Vietnamese set fire to foreign factories and rampaged in industrial zones in the south of the country in an angry reaction to Chinese oil drilling in a part of the South China Sea claimed by Vietnam, officials said on Wednesday.
shared by @JacobWolinsky, @YanniKouts, @Dvolatility, @pdacosta
Piketty and the Zeitgeist by Dani Rodrik
Project Syndicate
I get the same question these days wherever I go and from whomever I meet: What do you think of Thomas Piketty? It’s really two questions in one: What do you think of Piketty the book, and what do you think of Piketty the phenomenon?
shared by @rodrikdani, @economistmeg, @FGoria, reddit/Economics
Project Syndicate
I get the same question these days wherever I go and from whomever I meet: What do you think of Thomas Piketty? It’s really two questions in one: What do you think of Piketty the book, and what do you think of Piketty the phenomenon?
shared by @rodrikdani, @economistmeg, @FGoria, reddit/Economics
Caesars and the $450 Million ’And’
bloombergview.com
The entire edifice of modern financial capitalism is built on 100-page documents drafted by exhausted 26-year-olds and read by nobody.
shared by @kevinroose, @jsphctrl, @KidDynamiteBlog, @pcdunham, @TimOBrien, @DavidSchawel
bloombergview.com
The entire edifice of modern financial capitalism is built on 100-page documents drafted by exhausted 26-year-olds and read by nobody.
shared by @kevinroose, @jsphctrl, @KidDynamiteBlog, @pcdunham, @TimOBrien, @DavidSchawel
No one (important) wants faster growth
The Economist
Economists Atif Mian and Amir Sufi have a new book out, called “House of Debt”, which distills lessons about the crisis from their recent research into one easily digestible package.
shared by @interfluidity, @ObsoleteDogma, FT Alphaville, @EpicureanDeal, @rjocean
The Economist
Economists Atif Mian and Amir Sufi have a new book out, called “House of Debt”, which distills lessons about the crisis from their recent research into one easily digestible package.
shared by @interfluidity, @ObsoleteDogma, FT Alphaville, @EpicureanDeal, @rjocean
How to Turn Renters Into Savers
New York Times
Owning a home nudges people to set aside money for the future, but a mortgage doesn’t have to be the only vehicle that encourages saving.
shared by @mccarthyryanj, @NickTimiraos, reddit/Economics
New York Times
Owning a home nudges people to set aside money for the future, but a mortgage doesn’t have to be the only vehicle that encourages saving.
shared by @mccarthyryanj, @NickTimiraos, reddit/Economics
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