Barry Ritholtz adds “Any previous suggestions I’ve made as to his fitness to run for president are hereby revoked.”

Great interviews. Touching on everything from high-frequency trading to bank bailouts to home prices. And Barry calls bank managers “f*#ktards”. Part 1: Part 2:

Citigroup banker and former Obama adviser Peter Orszag proposing transferring more taxpayer money to banks like Citigroup in order to “solve” our problem of excess houing inventory. Bankers and politicians are desperately trying to find a ways to sell millions of foreclosures without driving down home prices in the process. Not only would lower prices [...]

The banksters taking over our country enjoy extraordinarily nice lives of caviar and cigarettes. They’re insatiable greed is only surpassed by their lack of accountability. In last weeks post on shadow inventory, I came across a February story on how bankers let each other squat. It really made me angry:

Government policymakers have gone through heroic efforts to save the housing market. The question is: should they?