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Bailout

: Calculated Risk

Milken Conference: Credit Markets and the Role of Finance

By Anonymous

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A couple of videos from the Milken conference. The first one includes Lewis Ranieri, who is generally given significant credit for creating the private MBS market, and has been warning about the MBS market for several years.

Ranieri makes a number of comments on housing starting at 11:50. I disagree with his assertion about prices being near the bottom - although it is probably true in some areas.

The second video is on the Credit Markets (ht Bob_in_MA). He suggests the discussion is interesting near the end when Milken draws parallels to the 1970s:


Full post as published by Calculated Risk on April 29, 2009 (boomark / email).

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