Radio Free Wall Street 7/2/2008

Lee Adler, Russ Winter, and Aaron Krowne analyze the impact of the Fed inaction and other key financial events on the financial markets and economy and tell what to look for in the weeks and months ahead. Not a subscriber? Click here for a free extended preview of this podcast.


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8 comments for “Radio Free Wall Street 7/2/2008

  1. Lemur
    July 5, 2008 at 3:07 pm

    Yes a great podcast but it also sounds scary.

    Is US housing headed for ‘pennies on the dollar’ then or is that too dramatic. How far does this meltdown go?

  2. Plantagenet
    July 6, 2008 at 11:28 pm

    Indymac got me thinking.

    The FDIC has 3B in cash, 40B in treasuries, and a LOC with the Treasury. It won’t spend the cash.

    Therefore from $1 through the end its payouts are sales of treasuries, on top of those for the deficit. So, in the next podcast, can you discuss …

    How much will the FDIC get hit with, and over what time period?

    Does the garbage collateral at the FHLB get liquidated or stored in the Milky Way?

  3. Lee Adler
    July 7, 2008 at 9:40 am

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