Young Turks: Economist Simon Johnson Interviewed In-Studio by TYT

[CherylK]

Run time: 36:34 https://www.youtube.com/watch?v=hh3Io3BZuoo   Posted on YouTube: April 17, 2010 By YouTube Member: TYTInterviews Views on YouTube: 1592   Posted on DU: April 18, 2010 By DU Member: CherylK Views on DU: 1038

 
http://13bankers.com/

http://www.youtube.com/user/TYTInterviews

[Capitalocracy]

1. K&R

[Enthusiast]

2. That was incredible! nt

[20score]

3. K&R

[ihavenobias]

4. K & R n/t

[florida08]

5. the president

should listen to Simon Johnson. He was on Bill Maher.

‘If John Paulson Walks Away Without Being Charged, It Shows How Broken Our System Is’

http://wallstreetpit.com/23679-simon-johnson-if-john-paulson-walks-away-without-being-charged-it-shows-how-broken-our-system-is

[florida08]

6. John Paulson Needs A Good Lawyer

http://baselinescenario.com/2010/04/18/john-paulson-needs-a-good-lawyer/

Of all the reactions so far to various dimensions of Goldman fraudulent securities “Fab” scandal, one stands out. On Bill Maher’s show, Friday night, I argued that John Paulson – the investor who helped design the CDO at the heart of the affair – should face serious legal consequences.

On the show, David Remnick of the New Yorker pointed out that Paulson has not been indicted. And since then numerous people have argued that Paulson did nothing wrong – rather that the fault purely lies with Goldman for not disclosing fully to investors who had designed the CDO.

But this is to mistake the nature of the crime here – and also to misread the legal strategy of the SEC.