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Transcripts For CSPAN2 Book TV 20130907

So you have an issue whereby there is a 24226 Unemployment Rate in detroit. There are not enough taxpayers to support social services and what i said that was so radically different in 2010 that had so many people in the Municipal Bond market angry with me was that the whole notion that you no, history would not be a good indicator of the future to the extent that legally states give constitutional backing to their pensioners and their general Obligation Bonds but they dont give constitutional backing to anything else of Discretionary Spending like education or Public Safety or any of those things that as a taxpayer you feel like you pay money and you should get those services. So that something would give and taxpayers who were taking the first phase of the law for the default if you will would finally say enough is enough. Im leaving so the tax revenues dont support the expenses or they say why his attention are getting 100 cents on the dollar when im getting 50 cents on the dollar i

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Transcripts For CSPAN2 Book TV 20130915

Call, her first major call that went around the world in 2007 when she came out and said that citigroup would look a lot different in 18 months then it did in 2007. The stock sank 7 . Do you remember . The ceo was fired a few days later. She became instantly renowned around the world as i said but actually meredith has been seeing around corners for a lot longer. A lot of people dont know this but in 2005 she put out a report about the Housing Market and said we were headed for subprime doom and basically we loaded up as on so much dead in the subprime area that we were headed for unprecedented credit losses and this was in 2005 well before anyone even uttered the word bubble related to the Housing Market. After her call in 2007 she went on to make other calls about Lehman Brothers and e. Of a. That also proved sure you and that also landed narrative, i just have to do this on our cover of Fortune Magazine in 2008. So meredith, things really havent been the same for her since i would s

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Steve Albini's guide to recording: "Nothing is ever cast in stone"

Steve Albini's guide to recording: "Nothing is ever cast in stone"
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PICS: The world's tallest slide has finally arrived and tickets are on sale NOW

PICS: The world's tallest slide has finally arrived and tickets are on sale NOW
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