This brilliant girl proves you can be feminine and very, very smart. And articulate. She's a national treasure, and our foremost corporate sheriff. Forget the so-called regulators.
She and Markopolis are the best corporate sheriffs we have. And untold hundreds, if not thousands of others who are far more hidden. Under Trump, protections for our whistleblowers are being undermined and destroyed.
@@lauriekrebs4522 under Trump? Obama prosecuted more whistle-blowers than all other president s combined. You can hate Trump, understandable, but you can't rewrite history and facts and act like systematic corruption started with him....that's ridiculous. The 2008 crash had nothing to do with Trump, and those frauds continued under Obama unprosecuted. And Clinton and Bush were front and center for the 2008 crash. That fraudulent bank and Wall Street behavior hasn't gone anywhere, mostly because of no prosecutions, or a slap on the wrist....along with the Monopoly game "get out of jail free card".
Both books are excellent. I am listening to All the Devils now. I am amazed at the things I learn from it. Even though I have read other books on the subject. An outstanding author.
Her referring to the credit agencies as 'The little gremlins in the basement, making the gears work' always makes me laugh. Always interesting to listen to her talk.
I was a little disappointed that the book did not go into more detail on legislative history. The Banking Act of 1933 demonstrated why controls were necessary, and the blatant, if not intentional ignorance of those lessons was central to the systemic behavior that resulted in the crisis. That said, a wonderful piece of work that should be required reading of every Business major.
Sorry for making comments to your lovely wife I'm just here looking being a loser in as Winner's kick ball of the life I was left to lose cause I'm not of this world is what I'm told repeatedly.
And last but not least Bethany, some of the blame goes to people who knew they had no business purchasing a home with ARM & NINJA loans, who then also took home equity loans to buy “rims and TV’s” and then decided to hand the banks the keys back when home prices plummeted.
@@6brman224 no not at all, My knowledge on a lot of Canadian topics was widely uninformed and misinformed, and nooooooope LOL don't like Hysteria Freeland. I don't like the Liberal Party and she's a big wig for them, also she dosen't really want to do much to buck the system, and she's part of an Ultra Ukranian nationalist community that wants endless cold war with Russia, her grandfather was a Nazi propagandist and she supports the most reactionary movements in Ukraine and much of Eastern Europe.
"The Case for the Corporate Death Penalty" contends that there was prosecutable fraud in the subprime mortgage disaster. I would like to hear Bethany McLean's opinion on this book. Although I am not an attorney, this seemed well written.
The book Inside Job written by Pizzo Fricker and Muolo is a good place to start. They dealt with the savings and loans debacle and more or less predicted a repeat due to major unresolved issues .GREENSPAN got a dishonorable mention in that book.
When CEO asssume that position that means they hold absolute accountability for their company; I have heard the excuses and statements such as, " I had no such knowledge of what so and so was doing, it was not brought to my attention". Their bonuses were based on their company's performance, so I thought.
I know this is a pretty old video but I have to say 'kudos to the interviewer' (is it Brian Lamb?) ... he asks a clear question and then shuts up to let the interviewee speak. I've heard a similarly excellent interview of his with Michael Lewis (not the 11-year old one) but disappointingly I've lost track of it.
No, it's not worse than any prison sentence they should have received. It's only emotional pain. For killing the economy, these creeps deserve to be completely ruined and imprisoned!
Kyle Bass read her book and highly recommend it. Look at her interview from 2013... Most of her fear come true in shape. I hope US can endurance incoming 2013 Q3..
Money is a god created by man.. by Cain specifically and it is a dangerous god, without love or compassion. Its not hard to imagine all the problems that come from making money center point in life. 1 Kings 11:4 For it was so, when Solomon was old, that his wives turned his heart after other gods; and his heart was not loyal to the Lord his God, as was the heart of his father David. 1 Kings 11:7 Then Solomon built a high place for Chemosh the abomination of Moab, on the hill that is east of Jerusalem, and for Molech the abomination of the people of Ammon. Amos 5:26 You also carried Sikkuth your king And Chiun, your idols, The star of your gods, Which you made for yourselves. Acts 7:43 You also took up the tabernacle of Moloch, And the star of your god Remphan, Images which you made to worship; And I will carry you away beyond Babylon.’ 1 Kings 10:14 The weight of gold that came to Solomon yearly was six hundred and sixty-six talents of gold, 2 Chronicles 9:13 The weight of gold that came to Solomon yearly was six hundred and sixty-six talents of gold, Rev 13:17-18 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. Exodus 32:30-33 Now it came to pass on the next day that Moses said to the people, “You have committed a great sin. So now I will go up to the Lord; perhaps I can make atonement for your sin.” Then Moses returned to the Lord and said, “Oh, these people have committed a great sin, and have made for themselves a god of gold! Yet now, if You will forgive their sin-but if not, I pray, blot me out of Your book which You have written.” And the Lord said to Moses, “Whoever has sinned against Me, I will blot him out of My book. Mark 11:15 So they came to Jerusalem. Then Jesus went into the temple and began to drive out those who bought and sold in the temple, and overturned the tables of the money changers and the seats of those who sold doves. Luke 16:14 Now the Pharisees, who were lovers of money, also heard all these things, and they derided Him. 1 Timothy 6:10 For the love of money is a root of all kinds of evil, for which some have strayed from the faith in their greediness, and pierced themselves through with many sorrows. 2 Timothy 3:2 For men will be lovers of themselves, lovers of money, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy, Ezekiel 18:13 If he has exacted usury Or taken increase- Shall he then live? He shall not live! If he has done any of these abominations, He shall surely die; His blood shall be upon him. Ezekiel 22:12 In you they take bribes to shed blood; you take usury and increase; you have made profit from your neighbors by extortion, and have forgotten Me,” says the Lord God. Matthew 6:24 “No one can serve two masters; for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and mammon. Isaiah 52:3 For thus says the Lord: “You have sold yourselves for nothing, And you shall be redeemed without money.” th-cam.com/video/Id6oS3L-D9A/w-d-xo.html
what is needed is not the differances in importing another forign product or provider but competition between profesional organizations. ie more than one teachers union for districts to chose from. more than one medical association to set standards and methods. its only a matter of time until a forign or domestic corporation parks a big boat 10 mile out in international waters and taxi people out for heart surgery wher the law does not apply!
competition between clones does not work, there have to be differances between the supplier for there to be real competition and therfore market correction. we are taught that that another identical provider wilol step in and provide the service for less. in reality customers chose not to use the service at all if they see it as overpriced. what they compeate for is market share. the reality is that prices are affected by alternatives to the methods emplyed by the existing providers.
In the hush of midnight's embrace, Where shadows dance and whispers trace, Lies Bethany, with pen and grace, A journalist in love's tender space. Her heart, aflutter with unspoken words, In the silence, her passion stirs, A love so deep, it blurs the lines, Between her dreams and deadline signs. By day, she chases stories untold, With courage fierce and spirit bold, Yet as the stars claim the sky, Her thoughts to one sweet subject fly. In the quiet hours, she lies awake, For love's sweet torment, her naked heart does quake, Every beat a verse, every sigh a line, In the novel of love, timelessly entwined. Her notebook brims with whispered dreams, Of moonlit walks and starlit streams, Where love's language is quietly spoken, And promises made remain unbroken. Yet in the stillness of the night, Where desires burn and take their flight, Bethany's heart, in love's sweet snare, Finds the peace that day can't spare. So in the twilight's gentle glow, Where dreams and reality ebb and flow, Bethany writes her love's confession, In the quiet night's tender possession.
@drosophila71: Exactly. So how do you get people in charge who will a) make ethical regulations and then b) uphold those regulations when they can reap huge financial rewards for not doing so (especially knowing that the layperson won't know/care about their indiscretions)?
Wow Bethany Mclean looks so attractive in this video compared to some of the other videos. How do women do that? Sometimes they look ordinary and then sometimes they look so glamorous?
What has that got to do with anything, does being very smart and attractive and a woman need comment, you are very sexist, yes she is both, but would you be as condescending to a smart attractive man!
But although subprime mortgages were the seed for the meltdown, like most seeds, they needed a fertile and abundant pile of shit to sprout into the awesome forest they became. The securitization of this crap, the AAA ratings this crap got, that's what amplified the problem. And besides, although you can excuse most rubes for not understanding the terms of their ARMs, the people who sold them the mortgages and those who sold the derivatives all over the world knew what they were doing.
37:36..she is wrong about that...people buying homes they couldnt afford absolutely was a major contributor to the financial crisis and ignoring that those people couldnt pay back the loans or make monthly payments was a factor
why should we loose those jobs to forigne countries when all that country is providing is different methodology as an advantage which eisily rivals labor costs and even safty and environmental standards. , when import costs are added.
Yes they are deniable. They don't matter at all. Loss of your security in your home, loss of your career that sustains your family, that's more serious by a hundred.
anyone who saw a die tech loan commercial that were so ubiquitous should have know something was seriously wrong. it is the unwilling ness of people to see it ( bacause they want something like a big house insted of an apartment or condo ) that is the real problem to me who will never get a loan it is sooooooooooooo obvious. i wonder if it would be if i too could get that loan!
I don't feel sorry for these guys that wrecked our economy. Yes Bethany, it was PRIDE and GREED that drove them. "What will it profit a man if he gains the whole world but loses his soul." Matt 16:26 "There's enough for everyone, but there's not enough for everyone's greed." Ghandi
this supports "cost plus profit equals price” as a mesure of if not a principal for practical real world economics. As such theres no differance in cost plus providers that are clones of each other. Detroit did not adjust until tokyo came in. health care is not correcting because theres no cheap chinese .
to repeat my self what is needed is multiple profesional standard agencies to create varience in the barriers to market industries in most profesions. otherwise the market cannot correct itself. and over relys on imports forthe needed differance which equals a trade deficit which depletes the purcaseing power needed to float the supply sid eof the economy. duh!
She's such an underrated journalist and writer. She should be way more well-known and famous
Amazing woman, certainly one of smartest and most articulate person in the world. Barely a word is wasted.
i agree. she is so undervalued and appreciated.
This brilliant girl proves you can be feminine and very, very smart. And articulate. She's a national treasure, and our foremost corporate sheriff. Forget the so-called regulators.
no one said otherwise.
She and Markopolis are the best corporate sheriffs we have. And untold hundreds, if not thousands of others who are far more hidden. Under Trump, protections for our whistleblowers are being undermined and destroyed.
@@lauriekrebs4522 under Trump? Obama prosecuted more whistle-blowers than all other president s combined. You can hate Trump, understandable, but you can't rewrite history and facts and act like systematic corruption started with him....that's ridiculous. The 2008 crash had nothing to do with Trump, and those frauds continued under Obama unprosecuted. And Clinton and Bush were front and center for the 2008 crash. That fraudulent bank and Wall Street behavior hasn't gone anywhere, mostly because of no prosecutions, or a slap on the wrist....along with the Monopoly game "get out of jail free card".
Why couldn’t you be smart and a woman?
The original Shakespeare line is "Hell is empty and all the Devils are here"
Just bone chilling
You’re right, what a title.
Interviewer: "Where is Ken Lay now?"
Bethany: "in his grave."
Savage
You're right. He should have suffered.
I doubt he was.
i know it is kinda randomly asking but do anyone know a good site to watch newly released series online ?
I'm reading this book now. Every American should read it, I think. Bethany is a very smart woman!
This is a fine book. Highly recommended!
Perfect exchange between interviewer and Ms McLean.
Both books are excellent. I am listening to All the Devils now. I am amazed at the things I learn from it. Even though I have read other books on the subject. An outstanding author.
Her referring to the credit agencies as 'The little gremlins in the basement, making the gears work' always makes me laugh. Always interesting to listen to her talk.
I was a little disappointed that the book did not go into more detail on legislative history. The Banking Act of 1933 demonstrated why controls were necessary, and the blatant, if not intentional ignorance of those lessons was central to the systemic behavior that resulted in the crisis. That said, a wonderful piece of work that should be required reading of every Business major.
She is a brilliant person.
careered women are not brilliant especially the ones who marry outside their race
not so bright, bro
Love the smartest guys in the room, great journalism, and start woman. Thanks for the great work.
I didn't know she was the main player behind the film! What a hero.
your a brilliant journalist! you,Naomi Klein,and Chrstya Freeland, opening doors for more women to break into hard mythbusting journalism I hope :)
tremendous. I watched the whole thing!
Hell is empty and all the devils are here. #Shakespeare400
One of my journalist heroes.
A fine book by a fine woman.
The saddest and most depressing part of this entire story is that she is married. Life is so unfair!
I liked her better without the war paint.
Sorry for making comments to your lovely wife I'm just here looking being a loser in as Winner's kick ball of the life I was left to lose cause I'm not of this world is what I'm told repeatedly.
And last but not least Bethany, some of the blame goes to people who knew they had no business purchasing a home with ARM & NINJA loans, who then also took home equity loans to buy “rims and TV’s” and then decided to hand the banks the keys back when home prices plummeted.
very true, same goes for activist like Sarah Slamen and other female journalists like Naomi Klein, and Chrstya Freeland.
Do you still have the same opinion of Chrystia Freeland, Trudeau's deputy and board member of WEF?
@@6brman224 no not at all, My knowledge on a lot of Canadian topics was widely uninformed and misinformed, and nooooooope LOL don't like Hysteria Freeland. I don't like the Liberal Party and she's a big wig for them, also she dosen't really want to do much to buck the system, and she's part of an Ultra Ukranian nationalist community that wants endless cold war with Russia, her grandfather was a Nazi propagandist and she supports the most reactionary movements in Ukraine and much of Eastern Europe.
Outstanding
Thanks for the insights
"The Case for the Corporate Death Penalty" contends that there was prosecutable fraud in the subprime mortgage disaster. I would like to hear Bethany McLean's opinion on this book. Although I am not an attorney, this seemed well written.
She wouldn't support it. She's pro-investor. Anti-fraud. So she wouldn't support a corporate death penalty, just more prosecution for management.
@@chazdomingo475 Her inside knowledge of this time would have made her work valuable to those who saw the potential of something different.
The book Inside Job written by Pizzo Fricker and Muolo is a good place to start. They dealt with the savings and loans debacle and more or less predicted a repeat due to major unresolved issues .GREENSPAN got a dishonorable mention in that book.
Well I have to read this one too.
I LOVE her voice : )
When CEO asssume that position that means they hold absolute accountability for their company; I have heard the excuses and statements such as, " I had no such knowledge of what so and so was doing, it was not brought to my attention". Their bonuses were based on their company's performance, so I thought.
I know this is a pretty old video but I have to say 'kudos to the interviewer' (is it Brian Lamb?) ... he asks a clear question and then shuts up to let the interviewee speak. I've heard a similarly excellent interview of his with Michael Lewis (not the 11-year old one) but disappointingly I've lost track of it.
Brian is the best! I can't get enough of his interviews!
Smartest girl in the room. Any room. Hibbing!
" Money is the Root of all Evil I shall not want to see all the Devil's "
Danger Robinson The love of money is the root of all evil.
+Danger Robinson "Hell is empty and all the devils are here."-- William Shakespeare
No, it's not worse than any prison sentence they should have received. It's only emotional pain. For killing the economy, these creeps deserve to be completely ruined and imprisoned!
She worked at Goldman Sachs herself.
you voice people are wonderful.
So glad she has taken some time out to have children.
Cannot go wrong with a woman like that raising children.
smartest girl in the room
And most likely the best looking...
Kyle Bass read her book and highly recommend it. Look at her interview from 2013...
Most of her fear come true in shape. I hope US can endurance incoming 2013 Q3..
@rjlohman I am going to buy the boo as well. Loved the enron smartest guys in the room movie.
She danced around the Paulson question? Read between the lines.
Bethany McLean 2020
Haha look who you got instead.
Money is a god created by man.. by Cain specifically and it is a dangerous god, without love or compassion. Its not hard to imagine all the problems that come from making money center point in life.
1 Kings 11:4 For it was so, when Solomon was old, that his wives turned his heart after other gods; and his heart was not loyal to the Lord his God, as was the heart of his father David.
1 Kings 11:7 Then Solomon built a high place for Chemosh the abomination of Moab, on the hill that is east of Jerusalem, and for Molech the abomination of the people of Ammon.
Amos 5:26 You also carried Sikkuth your king
And Chiun, your idols,
The star of your gods,
Which you made for yourselves.
Acts 7:43 You also took up the tabernacle of Moloch,
And the star of your god Remphan,
Images which you made to worship;
And I will carry you away beyond Babylon.’
1 Kings 10:14 The weight of gold that came to Solomon yearly was six hundred and sixty-six talents of gold,
2 Chronicles 9:13 The weight of gold that came to Solomon yearly was six hundred and sixty-six talents of gold,
Rev 13:17-18 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666.
Exodus 32:30-33 Now it came to pass on the next day that Moses said to the people, “You have committed a great sin. So now I will go up to the Lord; perhaps I can make atonement for your sin.” Then Moses returned to the Lord and said, “Oh, these people have committed a great sin, and have made for themselves a god of gold! Yet now, if You will forgive their sin-but if not, I pray, blot me out of Your book which You have written.” And the Lord said to Moses, “Whoever has sinned against Me, I will blot him out of My book.
Mark 11:15 So they came to Jerusalem. Then Jesus went into the temple and began to drive out those who bought and sold in the temple, and overturned the tables of the money changers and the seats of those who sold doves.
Luke 16:14 Now the Pharisees, who were lovers of money, also heard all these things, and they derided Him.
1 Timothy 6:10 For the love of money is a root of all kinds of evil, for which some have strayed from the faith in their greediness, and pierced themselves through with many sorrows.
2 Timothy 3:2 For men will be lovers of themselves, lovers of money, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy,
Ezekiel 18:13 If he has exacted usury Or taken increase- Shall he then live? He shall not live! If he has done any of these abominations, He shall surely die; His blood shall be upon him.
Ezekiel 22:12 In you they take bribes to shed blood; you take usury and increase; you have made profit from your neighbors by extortion, and have forgotten Me,” says the Lord God.
Matthew 6:24 “No one can serve two masters; for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and mammon.
Isaiah 52:3 For thus says the Lord: “You have sold yourselves for nothing, And you shall be redeemed without money.”
th-cam.com/video/Id6oS3L-D9A/w-d-xo.html
Michael Hudson Thank you , A nd the Venetians picked up the torch and ran with it .
beautiful and smart lady
Lucky man who ended up with this woman
Moody's = Revenge of the Nerds
what is needed is not the differances in importing another forign product or provider but competition between profesional organizations. ie more than one teachers union for districts to chose from. more than one medical association to set standards and methods. its only a matter of time until a forign or domestic corporation parks a big boat 10 mile out in international waters and taxi people out for heart surgery wher the law does not apply!
competition between clones does not work, there have to be differances between the supplier for there to be real competition and therfore market correction. we are taught that that another identical provider wilol step in and provide the service for less. in reality customers chose not to use the service at all if they see it as overpriced. what they compeate for is market share.
the reality is that prices are affected by alternatives to the methods emplyed by the existing providers.
bryncomeaux - Go take your meds.....
In the hush of midnight's embrace,
Where shadows dance and whispers trace,
Lies Bethany, with pen and grace,
A journalist in love's tender space.
Her heart, aflutter with unspoken words,
In the silence, her passion stirs,
A love so deep, it blurs the lines,
Between her dreams and deadline signs.
By day, she chases stories untold,
With courage fierce and spirit bold,
Yet as the stars claim the sky,
Her thoughts to one sweet subject fly.
In the quiet hours, she lies awake,
For love's sweet torment, her naked heart does quake,
Every beat a verse, every sigh a line,
In the novel of love, timelessly entwined.
Her notebook brims with whispered dreams,
Of moonlit walks and starlit streams,
Where love's language is quietly spoken,
And promises made remain unbroken.
Yet in the stillness of the night,
Where desires burn and take their flight,
Bethany's heart, in love's sweet snare,
Finds the peace that day can't spare.
So in the twilight's gentle glow,
Where dreams and reality ebb and flow,
Bethany writes her love's confession,
In the quiet night's tender possession.
The financial crisis began, when the Phillies won the World Series in 2008. That was never meant to happen.
@drosophila71: Exactly. So how do you get people in charge who will a) make ethical regulations and then b) uphold those regulations when they can reap huge financial rewards for not doing so (especially knowing that the layperson won't know/care about their indiscretions)?
@Michiel1972
Seriously? She's stating the facts.
Wow Bethany Mclean looks so attractive in this video compared to some of the other videos. How do women do that? Sometimes they look ordinary and then sometimes they look so glamorous?
+e Lamb How the studio has been light and who does the makeup can make a difference.
What has that got to do with anything, does being very smart and attractive and a woman need comment, you are very sexist, yes she is both, but would you be as condescending to a smart attractive man!
e Lamb Get a life, just accept it, Bethany McLean is a terrifically smart well thought of woman, what she looks like is of no consequence.
You mean there is a video where she doesn't look attractive?
She is my hero! I would marry her in a heartbeat :)
i was hoping she would explain in graphic detail how she got pregnant
🤣🤣🤣
But although subprime mortgages were the seed for the meltdown, like most seeds, they needed a fertile and abundant pile of shit to sprout into the awesome forest they became. The securitization of this crap, the AAA ratings this crap got, that's what amplified the problem. And besides, although you can excuse most rubes for not understanding the terms of their ARMs, the people who sold them the mortgages and those who sold the derivatives all over the world knew what they were doing.
drosophila71 Just like the junk bonds years before , that was just the test run.
Securitizers deserve jail and the AAA ratings agencies deserve eradication.
37:36..she is wrong about that...people buying homes they couldnt afford absolutely was a major contributor to the financial crisis and ignoring that those people couldnt pay back the loans or make monthly payments was a factor
I imagine it would suck to have someone in the bar say, ''Oh, you're that jackass who blew up Merrill Lynch''.
Tim Dillon brought me here
C-SPAN WASHINGTON JOURNAL DEMOCRAT PAID OPERATIVES FROM TOP TO BOTTOM INSIDE OUT. JUST ASK STEVE SCULLY 😂😂😂😂😂😂😂😂😂😂😂😂😂😂
why should we loose those jobs to forigne countries when all that country is providing is different methodology as an advantage which eisily rivals labor costs and even safty and environmental standards. , when import costs are added.
The loss of status, prestige, and prominence are undeniably devastating.
Yes they are deniable. They don't matter at all. Loss of your security in your home, loss of your career that sustains your family, that's more serious by a hundred.
no joke - tim dillon brought me here
Same lol kellyyyy we got oneee
anyone who saw a die tech loan commercial that were so ubiquitous should have know something was seriously wrong. it is the unwilling ness of people to see it ( bacause they want something like a big house insted of an apartment or condo ) that is the real problem to me who will never get a loan it is sooooooooooooo obvious. i wonder if it would be if i too could get that loan!
I don't feel sorry for these guys that wrecked our economy. Yes Bethany, it was PRIDE and GREED that drove them. "What will it profit a man if he gains the whole world but loses his soul." Matt 16:26 "There's enough for everyone, but there's not enough for everyone's greed." Ghandi
Tim Dillon sent me here.
corporations are hungry
this supports "cost plus profit equals price” as a mesure of if not a principal for practical real world economics. As such theres no differance in cost plus providers that are clones of each other. Detroit did not adjust until tokyo came in. health care is not correcting because theres no cheap chinese .
Tim Dillion brought me here.
to repeat my self what is needed is multiple profesional standard agencies to create varience in the barriers to market industries in most profesions. otherwise the market cannot correct itself. and over relys on imports forthe needed differance which equals a trade deficit which depletes the purcaseing power needed to float the supply sid eof the economy. duh!
What a babe
who honestly finds this interesting and even knows what the hell she's talking about?
Go back to sleep.
Bethany marry me 💍💍💍
Organised crime
How does she know literally everything
Okay, her voice has a good tone and isn't too monotonous, but the repetitions and hesitations are irritating. She must sound better in print.
Its hard to follow what she's saying. Its sounds like a cyborg, no emotion in her voice whatsoever! Great journalist nevertheless...