Your Humble Blogger is on Business News Network (Again) Posted on February 13, 2010 by Yves Smith Video and sound seem a tad out of synch, but that may be my ISP’s fault. You can view the program here. Enjoy! Post navigation ← Did Goldman Rig Vote on UK “Robin Hood Tax”? Links 12/13/10 → Subscribe to Post Comments 31 comments Bill February 13, 2010 at 5:55 am For some reason I though Yves Smith was a french man! Now I know better. Bill ;-) Skippy February 13, 2010 at 7:27 am Brilliant!!! What a transformation!!! Skippy…engageing, articulate, inviting, sanguine etc etc. PS. has any one told you, that you have a lovely smile and did I see a sparkle in your eyes? MDBill February 13, 2010 at 8:01 am It’s good to see Yves’ ideas getting some play in the MSM. Very impressive. The video and audio were in perfect synchronization for me. burnside February 13, 2010 at 9:30 am Yves, very fine. Especially appreciated that you left no part of the questions untended, then passed on a clear perspective. Tough to do in the context. Keep this up and you risk acquiring an MSM following. tfitz February 13, 2010 at 10:14 am Naked Capitalism is my daily go-to site for analysis, insight into news flashes, and hopefully understanding. Keep up the great work. LeeAnne February 13, 2010 at 10:18 am Bravo! M February 13, 2010 at 11:05 am Nice work, Yves. U look FANTASTIC. scharfy February 13, 2010 at 1:36 pm Despite the fact you obviously have intense feelings for these issues, you came off very level headed. My opinion only, but middle America internally grasps political corruption. But they don’t yet hold the bankers in that low of esteem yet. Most people actually feel that the Banks are “just another part of private industry.” Like them, in a way. Thus, silly this may sound to many on this blog, an attack on Goldman was/is viewed as a close cousin to an attack on good old capitalism. The lesson here would be: The more you link the politicians TO the bankers, the more support from the center and the right will come. Trust me, even a good old Bush/Cheney Iowa voter knows the deal when he sees a banker meeting with a politician. We get that. If you continue to hammer on that point – you’ll have a lot of friends in Red states. (maybe you don’t want ’em, but they would be there) Keep up the good work. Tyler February 13, 2010 at 2:56 pm Well done Yves! In viewing the clip it appears that you were a whole lot more comfortable in front of the camera this time, and, in light of that fact (or in turn), your strengths are really starting to come out. The BNN folks seemed to, in earnest, really appreciate or enjoy the discussion with you too. Looking forward to more such content in the future. mario February 13, 2010 at 4:07 pm Well done! Too dumb to understand complexity February 13, 2010 at 5:04 pm Keep doing this and more people will understand the callous ridiculous arguments being put forth by the big banksters. Way to Go!!! Joseppi February 13, 2010 at 5:55 pm A great performance refuting the bank apologist trying to defend the odious banksters – I second the gushing remarks by Skippy fiscalliberal February 13, 2010 at 6:27 pm Very well done and I hope you get on the other shows. Most important remember you have facts, logic and rationale behind you. You are the prize. They need you to bring sanity versus political talking points to their shows. You were able to get your points across, please do not go on shows that will not give you time to make your points. Your hosts were very good as they did not interurrupt you. Hu Flung Pu February 13, 2010 at 7:03 pm Great interview. Question… I assume Yves Smith and Susan Webber are the same person. If so, why the Yves Smith moniker? Just curious… Yves Smith Post authorFebruary 13, 2010 at 8:33 pm Same reason J.K. Rowling is J.K. Rowling. See http://www.springerlink.com/content/t5347p67655q2652/ And cognitive bias research has found that once someone has formed a positive or negative impression, it tends not to change with the addition of more information about the individual. Hu Flung Pu February 14, 2010 at 12:24 am Ok, there’s a certain logic there. But riddle me this… do you not get questions about this from some of your consulting clients? I would think that some would see you on TV and ask themselves, “Why is Susan Webber calling herself Yves Smith?” JK Rowling is a fiction writer. She doesn’t have a corporate finance clientele that knows her by another name. Don’t get me wrong – I’m agnostic regarding the strategy. If it works for you then that’s all that matters. Putting myself in a client’s shoes, however, I would find it a bit odd if I had hired Susan Webber to do some project for my firm, and then saw her on TV billed as Yves Smith. Again, nothing wrong with it, just a bit of a head scratcher. But, again, if it’s not an issue… then it’s irrelevant, by definition. Gavin February 13, 2010 at 7:03 pm Congratulations – just as excellent live as on the blog Keenan February 13, 2010 at 7:44 pm Very well done Yves. You punctuate your argument with flashes of fire most effectively. Swartzman’s feeble alibi of pointing to the pols smacks of a Flip Wilson punch line that I dimly recall from my youth: “The devil made me do it” T Owen February 13, 2010 at 8:09 pm Nicely done Yves. I have been feebly searching for the apt analogy for a long time and you nailed it. Paraphrasing, bankers complaining about regulatory uncertainty now is like a child killing its parents and then looking for sympathy because they are orphans. Skewered. Thanks for that. i on the ball patriot February 13, 2010 at 9:02 pm Yves, you rock! Great, great, great job! Thanks for being you! moslof February 13, 2010 at 9:15 pm I am very impressed with the interview and I am looking forward to your answer to “how this is all going to end”. I hope you will appeal to the audience to get their money out of these zombie banks/bonds/stocks and into the safest cash equivalents. The credibility you have gained so far could help a lot of people escape the inevitable “black hole” of a deflationary spiral. The recent levels of greed arrogance and complacency will not be reached again for generations. Independent Accountant February 13, 2010 at 9:29 pm YS: Well done! You hit on something which has troubled me about the “Volker Rule”, i.e., the interconnectedness of investment and commercial banks. Unless commercial banks cannot lend to investment banks, I don’t think the Volker Rule will accomplish much if anything. You looked fine on camera! Francois T February 13, 2010 at 10:39 pm No wonder BNN has a modest, but devoted following in the US. They actually ask sane questions and let the guest talk. Perish the thought that a business channel would behave that way south of the 48th parallel. BTW…nice job Yves :-D Francois T February 13, 2010 at 10:43 pm Yves, Since you can explain on TV as well (if not better) than in writing, I hope you realize that your life could take a turn for the worst. Somehow, somewhere, someone will suggest you a Secretary of the Treasury. :-D (just kidding!) Yves Smith Post authorFebruary 14, 2010 at 12:42 am My consulting clients don’t watch financial TV. Jack Parsons February 14, 2010 at 7:06 am No, but their grandparents watch. BA-ZING! bob February 14, 2010 at 1:01 am Great job. psychohistorian February 14, 2010 at 1:47 am Nice work Yves. You are growing into video presentation skills well. I would love to see you take apart one of the banksters in real time. I expect your consulting clients respect your intelligence focused on their problems and would not be surprised of your success in other areas. Your humble reader wishes you a big future in whatever you do. Maggie Knowles February 14, 2010 at 3:16 am Yves, thank you for sharing your knowledge with the world. It’s important work. Chaitanya February 14, 2010 at 4:34 am Yves, I’ll take this opportunity to say “great blog”. I come to your blog first to understand financial issues. — a daily reader from India. Anonymous February 14, 2010 at 7:51 pm You go, Girl! Schwarzman– he must be joking! How did he make his billions? Loading up debt on companies and stealing their cash. And now he’s crying? Good job for calling out the crocodile tears. Comments are closed. Tip Jar Please Donate or Subscribe!