Chris Whalen of IRA Monitor on Foreclosures
One of my favourite firms is Institutional Risk Analytics who study banks and rate their risk. Chris Whalen of that firm is in the clip below, he recently wrote a book called ‘Inflated’ and I hope to review that on this site and elsewhere in the future. IRA are widely acknowledged as one of the best bank analyst houses in the USA.
The end of Wall Street
This is an insightful look into the financial crisis, looking at it from the view of how mass borrowing for residential real estate lead to a bubble, the political input into the causes as well as the packaging of these loans and how it ultimately lead to the closure of Bear Stearns and Lehman Brothers.
This is a great video set, surprisingly the Wall Street Journal are the makers of it, you don’t see that kind of departure from vested interests very often.