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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




The historian’s perspective – does capitalism have a future?

Prieur du Plessis (October 31st, 2009) Writes:

Niall Ferguson, Professor of History at Harvard University and author of the brilliant “The Ascent of Money“, is interviewed by Martin Wolf, the FT’s chief economics commentator, at the FT View from the Top conference on the future of capitalism.

Click here or on the image below to view the video clip.

ft

Source: Niall Ferguson, Financial Times, October 29, 2009.

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Feedback from Buttonwood Gathering

Prieur du Plessis (October 19th, 2009) Writes:

The Economist’s Buttonwood Gathering, a conference bringing together global regulators and bankers to discuss and debate new ideas and develop a new set of guidelines moving forward, has just taken place in New York. Michael Panzer, writer of the Financial Armageddon blog and author of “Financial Armageddon: Protect Your Future from Economic Collapse”, was in attendance and has kindly shared some of the more interesting quotes on his blog, as reported below.

Secretary Tim Geithner, United States Department of the Treasury:

“Generally, we did not do enough.” (Referring to the failure to address growing concerns over excessive risk-taking in the period leading up to the financial crisis.) [Editor's note: understatement of the year?]

Stephen Roach, Chairman, Morgan Stanley Asia:

Those who are looking for a “V”-shaped recovery are in for “a rude awakening.”

“The imbalances going into the crisis were large to begin with.

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