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business.timesonline.co.uk - 10/27/2008

Nouriel Roubini: I fear the worst is yet to come

— business.timesonline.co.uk — As stock markets headed off a cliff again last week, closely followed by currencies, and as meltdown... threatened entire countries such as Hungary and Iceland, one voice was in demand above all others to steer us through the gloom: that of Dr Doom.  ... (more) Nouriel Roubini: I fear the worst is yet to come

Government

Nouriel Roubini

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rgemonitor.com - 10/29/2008

Roubini Says U.S. Needs $400 Billion Stimulus Package

— rgemonitor.com — Bloomberg (October 27, 2008): Roubini Says US Needs $400 Billion Stimulus Package (click for video) From Bloomberg:... U.S. Should Enact $400 Billion Stimulus, Roubini Says (Update1) By John Brinsley (more) Roubini Says U.S. Needs $400 Billion Stimulus Package

Commodities

Nouriel Roubini

Deflation

Recession

Lead

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pbs.org - 10/29/2008

Nightly Business Report . One on One with Nouriel Roubini, Economics Professor at NYU's Stern ...

— pbs.org — Tuesday, October 28, 2008 SUSIE GHARIB: One person who predicted the financial crisis is Nouriel Roubini, economics... professor at New York University's Stern School of Business. More than two years ago, he gave a speech at the International Monetary ... (more) Nightly Business Report . One on One with Nouriel ...

Government

Nouriel Roubini

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Roubini: Panic may lead to market shutdown
Calculated Risk — From Bloomberg: Roubini Says `Panic' May Force Market Shutdown Hundreds of hedge funds will fail and policy makers may need to shut financial markets for a week or more as the crisis forces investors to dump assets, New York University Professor Nouriel Roubini said. ``We've reached a situation of sheer panic,'' Roubini, who predicted the financial crisis in 2006, told a conference of hedge-fund managers in London today. ``There will be massive dumping of assets'' and ``hundreds of hedge funds are going to go bust,'' he said. ... ``Systemic risk has become bigger and ...

Sheer Panic
Musings of a Trader — I don't like being an agent of panic transmission but Nouriel Roubini has been prescient for so long that people ignore him at their peril. According to Bloomberg, this is what he said today to a group of hedge-fund managers: "We've reached a situation of sheer panic. There will be massive dumping of assets and hundreds of hedge funds are going to go bust." I can only imagine the look on the hedgies' faces. But wait, there's more: "Systemic risk has become bigger and bigger. We're seeing the beginning of a run on a big chunk of the hedge funds and don't be surprised if policy makers need to close down ...

Financial Crisis: Again on the Border of a Meltdown?
Moon of Alabama — Four days ago we mentioned the possibility of a U.S. default. Via naked capitalism we now learn that some folks in Taiwan take such talk seriously: Regulators in Taiwan ordered insurers to limit their holdings of Freddie, Fannie, and Ginnie Mae paper. The stated reason was that they could not assess the credit risk ...

As Investors Bail, Hedge Funds Sell
Millionaire Now! — Every major business magazine and newspaper is on the hedge fund story. The stories panic investors, making things worse. Think endless spiral down. Investors bail. Hedge funds sell. Stocks fall. Investors bail. Hedge fund sell. Stocks falls. You get it. ...