interview-with

`Bullish’ Biggs Sees U.S. Stocks Advancing 10% to 15% in Next Few Months

by on March 9, 2010

By Rita Nazareth and Carol Massar March 9 (Bloomberg) — Barton Biggs , who recommended buying U.S. stocks in March of last year when the Standard & Poor’s 500 Index sank to a 12-year low, said American equities may rise 10 percent to 15 percent over the next couple of months. “I’m bullish,” Biggs, who runs New York-based hedge fund Traxis Partners LP, said in an interview with Bloomberg Television today. “Earnings are coming in very, very strong. The surprise is going to be how good economic growth is.” The S&P 500 is up 69 percent since hitting a 12-year low of 676.53 one year ago today , the biggest rally for the index since the 1930s. The U.S. government spent trillions of dollars to stimulate the economy out of the worst contraction since the Great Depression. Biggs also said the world’s most attractive equities are in emerging markets. “I like the Asian emerging markets, and particularly at this point China and India.” To contact the reporters on this story: Rita Nazareth in New York at rnazareth@bloomberg.net ; Carol Massar in New York at cmassar@bloomberg.net ;

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`Bullish’ Biggs Sees U.S. Stocks Advancing 10% to 15% in Next Few Months

iSOFT Group Limited (ASX:ISF) Interview With CEO Mr Gary Cohen Explaining Various Impacts From The First Half Result

by on February 27, 2010

iSOFT Group Limited (ASX:ISF) Interview With CEO Mr Gary Cohen Explaining Various Impacts From The First Half Result

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iSOFT Group Limited (ASX:ISF) Interview With CEO Mr Gary Cohen Explaining Various Impacts From The First Half Result

Watch Warren Buffett on Bloomberg Television

February 22, 2010

Feb. 22 (Bloomberg) — Tune in to Bloomberg Television at noon Eastern time for an interview with Warren Buffett. Click here for more information on Bloomberg Television. # # -0- Feb/22/2010 16:11 GMT

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Bill To Move New Mexico’s Money Tripped Up In State Senate

February 19, 2010

The New Mexico legislature adjourned for the year on Tuesday without acting on a bill that would give preference to community banks and credit unions in bidding for contracts to handle state money. The bill, sponsored by Rep. Brian Egolf (D-Santa Fe), was inspired directly by the Move Your Money campaign. Egolf estimates that the bill could potentially take more than a billion dollars away from Bank of America and Wells Fargo. The bill had a lot of momentum : It passed the New Mexico House unanimously, and it had cleared two Senate committees and reached the floor this week but time ran out before it could see a vote. The state’s constitution requires the legislature to adjourn at noon on the 30th day of its legislative session, which was Thursday. “I’m a little sad,” said Egolf in an interview with HuffPost on Friday. “It sailed through everything and got to the floor and I think it just got caught up, honestly, in politics between the House and the Senate.” The Senate was set to take up the bill on Thursday, but Senate Republicans spent the dwindling hours of the session filibustering a bill that would have allowed judges to put first-time drug offenders in treatment programs instead of prison. “They ran the clock out at the very end with a filibuster,” said Senate majority spokesman and policy analyst Gerald Gonzalez in an interview with HuffPost. Jerry Walker, a lobbyist for the Independent Community Bankers Association in New Mexico, told HuffPost that he was not aware of any lobbying against the bill. Walker lobbied hard in support. “Things just kinda went to pot,” he said. “Our legislature just has a habit of melting down on the last day.” The legislature also failed to pass a budget, forcing Gov. Bill Richardson to call a special session for next week. Walker said he does not plan to lobby the governor’s office in support of putting the bill on the agenda for next week. He’ll wait till next year. Egolf doesn’t want to wait a year. He said he is considering whether he’ll try to bring it up during the special session. (Egolf said Richardson supports the bill, but Richardson’s office has not responded to several requests for comment.) “I’m not closing the door on it,” said Egolf. “I want to think through whether it makes sense to go forward. I would obviously love to do it. I’m still new in this whole thing and I’m so disappointed that I want to do it now. I don’t want to wait a year. I need to think it through while I’m not so upset about the whole thing.”

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Roubini: Stocks "Flat" Through 2010

February 5, 2010

In an interview with Bloomberg Television today, Nouriel Roubini said he expected the S&P 500 to remain “flat over the year.” Once the stimulus runs out mid-year, he said, the stock market is likely to plunge: “The markets maybe are going to do okay in the first half of the year,” he said, “but [I] expect there’s going to be a massive slow down in growth in the second half of the year.” Here’s the interview:

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Darling Says Pimco View of Gilts as Risky Investment Not Shared by Others

January 28, 2010

By Gonzalo Vina Jan. 28 (Bloomberg) — Chancellor of the Exchequer Alistair Darling brushed aside criticism from international investors about Britain’s debt, saying plans to halve the deficit in four years are the most ambitious of any major economy. The remarks come after advice this week by Pacific Investment Management Co.’s Bill Gross, who said U.K. government bonds are “a must to avoid” and that gilts “are resting on a bed of nitroglycerine” because the country has relatively high debt and the ability to devalue its currency. “It’s not a view shared by others,” Darling said in an interview with Bloomberg Television in London today. “If you look at what we are doing, we have the fastest deficit reduction plan of major economies; we are going to halve the deficit in four years.” “Inevitably, markets are markets,” Darling said. “People will say things, do things; that’s the way markets operate. My concern is how we conduct our affairs here.” To contact the reporter on this story: Gonzalo Vina in London at gvina@bloomberg.net

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Tavis Smiley: My Conversation With Filmmaker Eugene Jarecki on Move Your Money

January 27, 2010

Award-winning filmmaker and author Eugene Jarecki is one of forces behind the Move Your Money campaign, a movement that encourages everyday people to move their money from large banks to smaller, community-based organizations. Here’s a clip from my interview with Jarecki: The full conversation with Eugene airs Friday night on PBS.

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Dreifus Sets ‘Laser-Like Focus’ on Small Caps

January 3, 2010

off the new year with an interview with Charlie Dreifus, manager of the small company focused Royce Special Equity Fund. Dreifus was named Morningstars Domestic Stock Fund Manager of the Year in 2008 and has just been selected as a finalist for its

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Sandy Weill Tells New York Times Citigroup’s Managers Failed the Company

January 2, 2010

By Sylvia Wier Jan. 2 (Bloomberg) — Sandy Weill, the former chairman of Citigroup Inc., said that the model on which he built the bank didn’t fail, though its managers did, the New York Times reported, citing an interview with him. Citigroup’s structure, formed through a series of acquisitions made beginning in the 1990s, wasn’t the problem, the Times said. Weill told the newspaper personnel decisions he made were, in part, to blame for the bank’s decline. Weill blamed Chuck Prince, his successor, for taking on risks and letting the company’s balance sheet balloon, the Times said. Weill also said he wishes circumstances had worked out differently with one-time protege, Jamie Dimon, now CEO at JP Morgan Chase & Co. “The problem was in 1999 he wanted to be CEO and I didn’t want to retire,” Weill is quoted as saying. Prince and Dimon both declined to comment to the newspaper. The New York-based bank has posted billions in losses and has been the recipient of multiple U.S. taxpayer bailouts.

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Turning A Hobby Into A Global Brand

December 31, 2009

An interview with Tim and Nina Zagat, founders of Zagat Survey. View original here:  Turning A Hobby Into A Global Brand

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Interview With A Commercial Real Estate Developer | Investing to …

December 12, 2009

Earlier this week I received an email from Ilene at Phil’s Stock World about her interview with a Commercial Real Estate Developer.Ilene writes Hi Mish, I thought you might find this interesting, and perhaps want to use some or all of …

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Interview With A Commercial Real Estate Developer | Investing to …

December 12, 2009

Earlier this week I received an email from Ilene at Phil’s Stock World about her interview with a Commercial Real Estate Developer.Ilene writes Hi Mish, I thought you might find this interesting, and perhaps want to use some or all of …

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Eliot Spitzer Talks Financial And Personal Crisis In BBC Interview (AUDIO)

November 14, 2009

In a wide-ranging interview with the BBC’s Carrie Gracie , former New York Governor Eliot Spitzer discusses crashes — both personal and financial. During his tenure as New York State Attorney General, Spitzer gained a reputation as a foil to Wall Street. “It is very difficult to have watched this story unfold,” Spitzer told Gracie, referring to the economic crisis. “It was during the decade of financial excess that I…played a significant role in trying to highlight the failures that ultimately metastasized to bring down an entire financial system.” Spitzer also discusses his personal trials and the plight of his wife and family. Click below to listen to the interview.

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Science Commons: Lynda Resnick Interviews John Wilbanks

October 27, 2009

Researchers around the world are hard at work on cures for most every ailment and disease. But until now, there was no system – let alone incentive – for sharing their discoveries, leaving researchers working independently in their own silos, possibly duplicating the same mistakes as their colleagues around the globe. It wasn’t unusual for decades to pass before any significant progress was made on a study. But that’s all changing. Just as parent organization Creative Commons has made sharing artistic endeavors both easy and profitable, Science Commons is using that same open-access model to enable the scientific research community to both find and share their studies, thereby enabling an approach to sharing data that just might revolutionize the scientific world. My interview with John Wilbanks was a fitting way to cap off Open Access Week. (This interview has been edited for clarity and length.)

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Video: Garrahan Says Disney Better Placed for Digital Sales: Video

October 26, 2009

Oct. 26 (Bloomberg) — Financial Times reporter Matthew Garrahan talks with Bloomberg’s Julie Hyman about Walt Disney Co.’s digital film delivery system “Keychest” and the outlook for the movie industry. Disney Chief Executive Officer Bob Iger, in an interview with the newspaper, warned Hollywood film executives they must adapt to changes in the industry as DVD sales decline. (Source: Bloomberg)

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VIDEO: Buying Now Is a Smart Move

October 20, 2009

Bob Knakal discusses the wisdom of buying now in an interview with John Salustri, editorial director of ALM’s Real Estate Media Group. . DALLAS-Investors should start buying commercial real estate now in this market because ‘assets tend to be

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Elizabeth Warren: Bank Bonuses Leave Me "Speechless" (VIDEO)

October 16, 2009

In an interview with Yahoo Tech Ticker’s Aaron Task, Elizabeth Warren, chair of the Congressional Oversight Panel, said she was “speechless” over record-high banking bonuses. “I do not understand how it is that financial institutions could think that they could take taxpayer money and then turn around and act like it’s business as usual,” she said. “I don’t understand how they can’t see that the world has changed in a fundamental way, that it is not business as usual when you take taxpayer dollars.” But the banks, she said, “seem to be winning this argument.” Warren roasted former Treasury Secretary Hank Paulson for his handling of TARP, saying that he claimed the money would be funneled “into the banks to increase lending, specifically to increase small business lending, because that is the engine of our economy.” But “that’s not what happened with that money,” and she said there is “no chance” there will ever be a full accounting of TARP funds because “we never asked on the front end.” She saw little improvement over a year ago: “All the things we were talking about that were serious, serious problems for the financial institutions seem to me are still serious, serious problems,” she said. Watch the rest:

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UPDATE 1-Stanford puts $1 billion of portfolio on market

October 9, 2009

sell $1 bln in assets * Sale comes as endowment loses nearly 30 percent value * University not distressed seller, will sell if price OK (Adds interview with Powers, changes sourcing) SAN FRANCISCO, Oct 9 (Reuters) – Stanford University is trying to sell

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Carl Icahn: Economy "On A Precipice"

October 9, 2009

In an interview with CNBC today, billionaire investor Carl Icahn warned that the economy is still “on a precipice.” Because the market is acting “schizophrenic,” a stock recovery does not, he said, necessarily indicate that the economy is cured. “It’s a myth to say the market is a good indicator of the economy. I think individuals are much more of an indicator,” he said. Urging caution, Icahn said that the future of the economy is still uncertain. “It could really go either way. I don’t think anybody can really say which way it’s going to go,” he said. But Icahn described one grim scenario: “If you get a double-dip recession and they start coming down, it’s going to be a bit of a bloodbath.” WATCH:

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Video: Summers On The Economy

October 9, 2009

An excerpt of interview with Larry Summers of the National Economic Council. He shares his thoughts about the new normal U.S. economy. (Bloomberg News)

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William Black: Geithner "A Disaster," Has Been "Wrong About Everything In His Career"

October 6, 2009

Former federal banking regulator William Black, who certainly hasn’t stepped back from his disdain for the Obama administration’s financial regulatory team, has once again singled out Treasury Secretary Tim Geithner for particular opprobrium in an interview with Newsweek . Black, an associate professor of economics and law at the University of Missouri-Kansas City, is perhaps best known for his work during the savings and loan crisis of the 1990s. Black points out that investigations into the S&L crisis resulted in over 1,000 convictions, while the current financial crisis — which is much larger in scope — has yet to yield a single conviction. (We’re not counting Bernie Madoff or Marc Dreier) Here’s Black : “Some of the things Bernanke did were very bad, but he is in sharp contrast to Geithner who has been wrong about everything in his career. When Geithner was once answering a question in response to Ron Paul, he said, ‘I’ve never been a regulator.’ He was then the President of the New York Federal Reserve, and he purports that he was never a regulator? That is a demonstration of what is wrong with the Federal Reserve banks if the head of the unit doesn’t think he’s a regulator. He’s a disaster.” Not surprisingly, this isn’t the first time Black’s taken a shot at Geithner, who he’s targeted for not taking a prosecutorial role in ferreting out the causes of the financial crisis. Earlier this year, he said that Geithner “has a track record of failure everywhere he’s gone.” In an interview with Bill Moyers earlier this year, Black went even farther when the subject of the size of the bailouts came up. He actually accused Geithner of covering up the health of the financial system: “Geithner is charging, is covering up. Just like Paulson did before him. Geithner is publicly saying that it’s going to take $2 trillion — a trillion is a thousand billion — $2 trillion taxpayer dollars to deal with this problem. But they’re allowing all the banks to report that they’re not only solvent, but fully capitalized. Both statements can’t be true. It can’t be that they need $2 trillion, because they have masses losses, and that they’re fine.” Read the entire interview at Newsweek.com . Get HuffPost Business On Facebook and Twitter !

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New Colliers exec sees full-service job (The Cincinnati Enquirer)

September 27, 2009

Read our “Look Who’s Talking” interview with James A. Donlin.

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Video: HIV Vaccine Breakthrough

September 25, 2009

Excerpts of interview with Anthony Fauci of the Natl. Institute of Allergy & Infectious Diseases talking about HIV vaccines. (Bloomberg News)

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Video: Ferguson On US Deficit

September 21, 2009

An excerpt of interview with Niall Ferguson of the Harvard University. He says don’t expect China to keep funding U.S. deficits. (Bloomberg News)

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Video: Expand Infrastructure Program – Clinton

September 18, 2009

An excerpt of interview with Bill Clinton talking about infrastructure programs to fight record unemployment. (Bloomberg News)

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Geithner Defends Dealings With Goldman Sachs, Says Govt Officials Acted Appropriately

August 21, 2009

WASHINGTON — Treasury Secretary Timothy Geithner said Friday that government officials acted appropriately in their dealings with Goldman Sachs Group Inc. during the heat of the financial crisis last year. Some lawmakers have questioned whether ties between government officials and Goldman Sachs influenced their decisions about which financial firms should be saved. The government’s rescue efforts weren’t intended to benefit Goldman but to prevent a broader collapse of the financial system, Mr. Geithner said in an interview with The Wall Street Journal and Digg, an online site where 39 million users share articles with one another and rate their popularity.

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Connecticut Senator Dodd Has Early-Stage Prostate Cancer; Surgery Planned

July 31, 2009

By Alison Vekshin July 31 (Bloomberg) — U.S. Senate Banking Committee Chairman Christopher Dodd has been diagnosed with early-stage prostate cancer and will have surgery next month, his spokeswoman said today. Dodd, a Connecticut Democrat, plans to return to work after a quick recuperation, spokeswoman Kirstin Brost said in a telephone interview.

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Frank Says His Legislation May Lower Executive Compensation `In Bad Times’

July 28, 2009

By Alison Vekshin and Peter Cook July 28 (Bloomberg) — House Financial Services Committee Chairman Barney Frank said his legislation aimed at reining in pay incentives that lead executives to take excessive risks will probably reduce salaries “in bad times.” “What it will mean is that the compensation is more likely to track the broad outlines in the economy,” Frank, a Massachusetts Democrat, said today in an interview with Bloomberg Television in Washington. Frank’s panel is considering the legislation today and may vote on changes that would let shareowners hold non-binding votes on executive salaries and direct regulators to write rules that will limit incentives that encourage excessive risk-taking. Shareholders will help determine the compensation at their company, Frank said

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Frank Says His Legislation May Lower Executive Compensation `In Bad Times’

July 28, 2009

By Alison Vekshin and Peter Cook July 28 (Bloomberg) — House Financial Services Committee Chairman Barney Frank said his legislation aimed at reining in pay incentives that lead executives to take excessive risks will probably reduce salaries “in bad times.” “What it will mean is that the compensation is more likely to track the broad outlines in the economy,” Frank, a Massachusetts Democrat, said today in an interview with Bloomberg Television in Washington.

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