Barry Ritholz on Being Burned by JP Morgan – Yahoo Finance

Barry Ritholz, CEO Fusion IQ joined Matt Nesto, host of Breakout on Yahoo! Finance to discuss the backlash from JP Morgan’s $2 billion trading loss and how banks can no longer have it both ways with privatized gains and socialized losses.

 

Below are a few highlights, and you can watch the full, embeddable video on Yahoo! Finance: http://yhoo.it/KTjnBk

 

Let me know if you have any questions.

Thanks,

Ann

 

Ritholtz, on whether going back into shares [...]

Bernanke Will Step Down Within 18 Months As the Fed (and the economy) Will Be A Primary Issue For The 2012 Presidential Election

by Phoenix Capital Research

Ben Bernanke will be steeping down as Fed Chairman within 18 months.

 

The political environment is changing rapidly in the US. Take a look at a few key developments in the financial community:

 

1)   2012 Presidential candidates making the Fed a hot button

2)   Dissenting votes increasing at the Fed

3)   Fed Presidents openly criticizing Bernanke’s policies

4)   Lloyd Blankfein hiring a defense lawyer

 

The picture is clear when you connect the [...]