“Bailing Out Wall Street” Commonwealth Club Panel Broadcast on KALW 91.7 November 11 at 7PM PST
KALW 91.7 FM, the local San Francisco National Public Radio station, will be broadcasting "Bailing Out Wall Street", the lively election-eveCommonwealth Club INFORUM panel on which I participated, tomorrow at 7 PM PDT. In front of a live audience of over 200 people, we shared differing views on the wisdom of the Federal Government's emergency relief and assistance program to the banking and finance industries– commonly tarred as the "Wall Street Bailout". Our vigorous discussion was fueled by the nature of the panelists, as I joined Dave Callaway, Editor-in-Chief, MarketWatch, Jonathan Berk, Professor, Graduate School of Business, Stanford University, and Maggie Mui, San Francisco Market Regional President, Wells Fargo. The panel was expertly moderated by Kathleen Pender, Net Worth Columnist, San Francisco Chronicle.
- Will the bailout work and is it really a bailout?
- Did the Treasury's decision to throw Lehman Brothers under the proverbial bus on September 13 light the match for the panic that subsequently routed financial markets?
- What are the current prospects for entrepreneurs and for continuing innovation in Silicon Valley during these recessionary times?
- Are we going to drown in new securities regulations with unintended negative consequences?
Related posts:
- Wall Street Journal Opinion Column: Don’t Strangle Venture Capital With Miles of Red Tape
- Live Radio Broadcast Today on American Innovation Crisis at 4PM EDT/ 3PM CDT/ 1PM PDT– Robert Rodriguez of Security Innovation Network and Pascal Levensohn Interviewed
- Taking Silicon Valley’s Innovation Message to Washington: A Special Event on Cyber Security at the National Press Club June 25th Sponsored by the Security Innovation Network
- Alan Greenspan– From Washington to Wall Street
- Joining the NVCA Board of Directors
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I am a venture capitalist focused on investing in Security, Cleantech, and Digital Media. I have a strong interest in public policy issues and advocate public-private collaboration to protect our nation's critical infrastructure.
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November 11th, 2008 at 2:05 pm
The Federal Reserve is facing a lawsuit after it failed to comply with congressional demands for transparency and disclose the destination of at least $2 trillion dollars in bailout funds, underscoring once again the failure of top down socialism and the folly of trusting the foxes to guard the henhouse.
“The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral,” reports Bloomberg.