markets at Brave New Films

Betting on a war with Iran

2008-07-26T18:43:36Z

Pioneer of predictive real-world markets, Max Keiser, in Paris talks to Afshin Rattansi in Tehran about oil, the U.S. economy and changing financial probability markets on the chance of an airstrike on Iran

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Nikolas Gvosdev: A US-led World Order no Longer

2008-07-26T18:24:24Z

Gvosdev discusses the change from the accepted idea of the US-led international order, to a new trend--countries reassessing the situation and looking for options to pursue their own interests with other countries, going around the US.
This is an excerpt from a Carnegie Council Global Policy Innovations event, "The Rise of the Rest," on July 1, 2008. For the full video, audio, and transcript, go to www.policyinnovations.org or www.carnegiecouncil.org

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Flynt Leverett: U.S. Standing and Influence in Decline

2008-07-26T18:24:24Z

We are in a historically unprecedented situation, says Leverett. U.S. military hegemony continues to be quite robust, but our standing and influence is in decline.
This is an excerpt from a Carnegie Council Global Policy Innovations event, "The Rise of the Rest," on July 1, 2008. For the full video, audio, and transcript, go to www.policyinnovations.org or www.carnegiecouncil.org

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Muriel Siebert: "We Need Global Securities Regulation"

2008-07-26T18:24:18Z

On June 30, 2008 the indomitable Muriel Siebert was a guest on FOX Business Network's "Cavuto". Siebert is famous as the first woman to own a seat on the New York Stock Exchange and the first woman to head one of its member firms.

She was interviewed by Elizabeth MacDonald, substituting for host Neil Cavuto.

Ms. Siebert - an impressive woman considered a legend on Wall Street - had some very interesting things to say about the current disarray in the financial markets.

MacDonald seemed taken aback by some of Siebert's comments. As a true believer in the FOX brand of free market capitalism, she appeared unprepared for Siebert's common sense, experience-based observations.

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Stocks mixed; oil slips

2008-07-26T18:34:48Z

June 10. - The Dow gained after an upgrade of Coca-Cola. Meantime, the S&P 500 and the Nasdaq were weighed down by concerns the Fed will not cut interest rates.

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Blue chips bounce back

2008-07-24T16:39:47Z

June 9. - Fast food giant, McDonald's helped prop up the Dow, while banking shares limited gains in the broader market. Apple unveiled its latest iPhone, with a price cut.

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Gas Prices in the US vs Globally - Jared Bernstein

2008-06-27T10:46:24Z

Complete video at: fora.tv

Economist Jared Bernstein blames supply and demand for high gas prices in the U.S. and recognizes conservation as a leading solution to the problem.

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Jared Bernstein talks about Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries).

Is Social Security really going bust? Why does the stock market go up when employment declines? If you’d like to know the answers to these questions, premier economist Jared Bernstein is here to help - Book Passage

Jared Bernstein joined the Economic Policy Institute in 1992. His latest book is Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries), which follows All Together Now: Common Sense for a Fair Economy.

His areas of research include income inequality and mobility, trends in employment and earnings, low-wage labor markets and poverty, international comparisons, and the analysis of federal and state economic policies.

He is the co-author of eight editions of the book The State of Working America and has published extensively in popular and academic venues, including The New York Times, Washington Post, American Prospect, and Research in Economics and Statistics. He is also a contributor to the financial news station CNBC.

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David Cay Johnston - Problems with a "Fair Tax"

2008-06-09T16:38:10Z

Complete Video at: fora.tv

Author David Cay Johnston criticizes plans to replace income taxes with a "fair tax," otherwise known as a national retail sales tax.

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Since 1995 when David Cay Johnston turned his investigative reporting skills to explore the murky waters of tax law, Some tax policy officials now consider him, as one tax law professor put it, "the de facto chief tax enforcement officer of the United States."

Johnston will detail how a strong and growing economy lends itself to job uncertainty, debt, bankruptcy, and economic fear for a vast number of Americans. As tax season draws to a close, come find out who is getting a free lunch and who is picking up the bill - The Commonwealth Club of California

David Cay Johnston was an investigative journalist for The New York Times now focusing on the subject of taxation. He accepted a buyout offer from the Times in April 2008 and is now an independent reporter.

He most recently published Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense and Stick You With The Bill, about hidden subsidies, rigged markets, and corporate socialism. It follows Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich - and Cheat Everybody Else, a New York Times bestseller. Johnston received the 2001 Pulitzer Prize for Beat Reporting "for his penetrating and enterprising reporting that exposed loopholes and inequities in the U.S. tax code, which was instrumental in bringing about reforms." He also won the Book of the Year award from Investigative Reporters & Editors.

Robert Saldich is the Chair of the Board of Governors at The Commonwealth Club in San Francisco, CA.

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Stocks slide as oil surges

2008-06-16T18:29:15Z

May 5 - The trading week gets off to a weak start with the Dow industrials falling 88 as oil prices surged again. The Dow lost 88 points. The S&P 500 slipped 6, the Nasdaq lost 12. Conway Gittens reports.

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Stocks steady ahead of Fed

2008-06-10T18:30:08Z

Apr 29 - It was the second day of small moves for the stock market as investors awaited word from the Federal Reserve's two-day meeting. The Dow lost 39 points to 12,831. The S&P 500 dipped 5 points to 1,390. The Nasdaq gained a point to 2,426. Crude prices closed below $116 a barrel.

Conway Gittens reports from New York.

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Stocks gain on banks, economy

2008-06-16T09:32:42Z

Apr 1 - Wall Street posted sharp gains of more than 3 percent on optimism investment banks are cleaning up their balance sheets and hopes the economy is stabilizing. Blue chips surged 391 points, or nearly 3.2 percent, to 12,654. The S&P 500 jumped 47 points, or about 3.6 percent, to 1,370. The Nasdaq rallied 83 points, or roughly 3.7 percent, to 2,362.

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Stocks falter on economic worries

2008-06-14T21:30:30Z

Mar. 26 - U.S. stocks saw their biggest drop in a week after a report showing weaker-than-expected orders for long-lasting items fueled concerns about the economy. The Dow dropped 109 points to 12,422. The S&P 500 lost 11 points to 1,341. The Nasdaq fell 16 points to 2,324. Crude oil prices surged to close near $106 a barrel.

Conway Gittens reports from New York.

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Stocks rally on higher Bear bid

2008-06-11T09:33:11Z

Mar 24 - Financial stocks lead Wall Street rally after JP Morgan Chase raises its offer for Bear Stearns.The Dow Industrials rose 187.32 to 12,548.64. The S&P 500 gained 20.37 to 1349.88. The Nasdaq surged 68.64 to 2326.75.

Sasha Salama reports from New York

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Nassim Nicholas Taleb - Atheists and the Stock Market

2008-06-09T03:31:58Z

Complete video at: fora.tv

Bestselling author Nassim Nicholas Taleb gives his take on beliefs, religion, and stock market analysts.

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The Future Has Always Been Crazier Than We Thought with Nassim Nicholas Taleb.

Author Nassim Nicholas Taleb discusses his book, The Black Swan in relation to predicting the future, learning from the consequences of the unknown, and the power of randomness.

Nassim Nicholas Taleb is an essayist, belletrist, and researcher only interested in one single topic, chance (particularly extreme and rare events, the "Black Swans" i.e. outliers); but it falls at the intersection of philosophy/epistemology (skepticism; knowledge about the dynamics of history; inferential claims), philosophy/ethics (stoicism facing random events; theories of nonhedonic happiness), mathematical sciences (probability theory, statistical physics), social science/finance (opacity & incomplete information in economics), and cognitive science (the mental biases making us "fooled" by randomness). He mainly derives his intuitions from a 2-decade long and intense practice of derivatives trading ("nondull" activities with plenty of randomness).

Taleb is currently a researcher at London Business School. He the Dean’s Professor in the Sciences of Uncertainty University of Massachusetts at Amherst, Fellow in Mathematics in Finance, Adjunct Professor of Mathematics at the Courant Institute of Mathematical Sciences of New York University (since 1999), and research fellow, Wharton School Financial Institutions Center, and Chairman, Empirica LLC.

Taleb held senior trading positions with trading houses in New York and London and operated as a floor trader before founding Empirica LLC. His degrees include an MBA from the Wharton School and a Ph.D. from the University of Paris. He is the author of Dynamic Hedging, Fooled by Randomness, and The Black Swan.

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Markets cheer rate cut

2008-06-12T03:31:06Z

The US Federal Reserve slashed rates by 3/4 of a point, cutting the overnight borrowng rate and sparking a rally. The Fed's smaller than expected rate cuts come a day after it engineered of a rescue of venerable Wall St. firm Bear Stearns, which bet badly on mortgage-backed investments and could no longer meet its trading obligations. Bobbi Rebell reports.

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A volatile day on Wall Street

2008-06-08T09:34:09Z

Feb 25 - The two biggest U.S. bond insurers get a vote of confidence from Standard and Poor's, sparking a rally in stocks.

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Mounting worries sink stock market

2008-06-10T21:31:43Z

Mar. 6- U.S. stocks tumbled to lows not seen since late January as renewed worries about the financial and housing sectors pummeled investor sentiment.

The Dow tumbled 214 points to 12,040.
The S&P 500 lost 29 points to 1,304.
The Nasdaq was down 52 points to 2,220.
Crude oil closed at a new record of $105.47

SPEAKER: Fadel Gheit, senior energy analyst, Oppenheimer.

Conway Gittens reports from New York.

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Peter Mandelson - In Defense of Free Trade

2008-06-06T21:30:30Z

Complete video at: fora.tv

E.U. Commissioner for Trade Peter Mandelson gives a defense of free trade practices and globalization.

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Europe and the U.S.: Confronting Global Challenges with Peter Mandelson.

In a speech at the Carnegie Endowment, EU Commissioner of Trade Peter Mandelson argued that the European Union and the United States must use their collective economic weight to underwrite the openness of the global economy as its adjusts to the rise of new economic powers and greater global flows of investment. Mandelson said that the U.S. and the EU should use their own openness to "underwrite a strong multilateral order based on cooperation and economic openness" - Carnegie Endowment for International Peace

Peter Mandelson was born in Britain in 1953.

He studied Philosophy, Politics and Economics at St Catherine's College, Oxford. As a young man he lived in Tanzania for a year, an experience which formed life-long impressions of Africa and the challenges of fighting poverty. A life-long pro-European, he led the British delegation to the first ever meeting of the European Communities Youth Forum in Strasbourg in 1979.

After working as an economist at the Trades Union Congress and as a current affairs TV producer, Peter Mandelson was later appointed Labour Party Director for Campaigns and Communications in 1985. Later he was Tony Blair’s Campaign Manager in the May 1997 election that brought Labour to power in Britain.

In 1992 he was elected as member of parliament for the Northern English constituency of Hartlepool. He served until 2004 upon his appointment to the European Commission.

Peter Mandelson is honorary Chair of Policy Network, a European and international think tank whose journal and conferences promote the exchange and debate of centre-left policy ideas and European social democratic thinking. He was UK chairman of the UK-Japan 21st Century Group, which brings together leading academics, politicians and business people. He has traveled widely and has lectured throughout Europe, in Asia and the United States.

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Michael Shermer - The Evolution of Fairness

2008-06-14T15:31:48Z

Complete video at: fora.tv

Psychologist Michael Shermer argues that our concept of "fairness" in economics has evolved over time.

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Michael Shermer discusses his newest book The Mind of the Market: Compassionate Apes, Competitive Humans, and Other Tales from Evolutionary Economics.

Psychologist Michael Shermer, the author of nine previous books, including the bestselling Why People Believe Weird Things, is a columnist for Scientific American, the publisher of Skeptic magazine, and the founder and director of the international Skeptics Society. - Tattered Cover

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The Dollar vs The Euro

2008-06-14T09:31:31Z

Complete video at: fora.tv

Tom Campbell, Dean of UC-Berkeley's Haas School of Business, discusses the weakened U.S. Dollar's relationship to the E.U.'s Euro.

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The Annual Bank of America Walter E. Hoadley Economic Forecast with Tom Campbell.

As we enter 2008 with a volatile stock market and a real estate crisis, what's essential to know about the economy for the year ahead? Former member of Congress and Haas Business School Dean Campbell helps us navigate uncertain economic waters in the annual forecast - The Commonwealth Club of California

Tom Campbell is the thirteenth dean of the Haas School of Business, a position he has held since August 2002. He formerly held positions of US Congressman, California State Senator, Stanford University law professor, and, recently, California's Director of Finance.

In December 2004, Dean Campbell took a one-year leave of absence from the school after being appointed by Governor Arnold Schwarzenegger to be director of the California Department of Finance. He returned as dean of the Haas School in November 2005.

Prior to joining the Haas School in 2002, Dean Campbell was a law professor at Stanford University Law School for 19 years, beginning in 1983. He was elected five times to represent the Silicon Valley area of California in the United States Congress. Among his legislative achievements were authorship of the 1998 Food Bank Relief Act and the 2000 Peace Corps Reauthorization Act.

Campbell also was elected as a California state senator in 1993. During a two-year term, he earned ratings by the Sacramento-based "California Journal" as the most ethical state senator, the best overall senator and the state Senate's best problem solver.

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Robert Greenwald fights for the dream with Maria Bartiromo

2008-06-05T20:38:43Z

http://warongreed.org/

There's something about Maria... and Robert. Sparks fly as they close the bell on greed, greed, greed.

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U.S. mortgage mess goes global

2008-06-13T21:30:40Z

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Dana Thomas - The Dark Side of Designer Knock-Offs

2008-06-16T03:33:58Z

Complete video at: fora.tv

Author and Newsweek fashion correspondent Dana Thomas discusses the elaborate criminal operations behind many counterfeit luxury garments.

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Dana Thomas discusses "Deluxe: How Luxury Lost Its Luster."

Dana Thomas, style and cultural reporter for Newsweek and author of "Deluxe: How Luxury Lost Its Luster", brings a hard-hitting behind-the-scenes look at the world of "New Luxury" and how the massification of luxury goods has ensured that luxury isn't luxurious any longer - Books Inc.

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Brazil on economic high - 30 Sep 2007

2008-06-16T09:33:25Z

The US and European financial markets may have had their troubles in the past month, but there's one economy that is defying the global trends ...
Brazil's stock market has closed at a seven-year high on Friday - a sign Latin America's largest economy is building momentum.

But despite the positive turn toward prosperity, it seems not everyone's set to benefit.

Al Jazeera's Gabriel Elizondo reports

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John Edwards on Health Care

2008-06-06T03:31:34Z

John Edwards speaks on universal health care at Howard University, Washington DC, March 14, 2007 (excerpts).

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