Hot Links: AIG Hearings, Class of '09 and Fed Open Thread

hot-linksHot Links for Weekend Reading

The big happening in Bailoutland this week was, without a doubt, the Senate hearing on the Notorious A.I.G. bonus scandal.  Whenever a disgraced Wall Street executive is called onto the Congressional Carpet, you can be sure that Dealbreaker‘s Bess and EP are going to Liveblog it for your reading pleasure. They did a two-parter for this week’s bonus free-for-all and as expected, the soundbites from our elected officials are full of fury.  Here’s the morning opener, heavy on the Barney Frank and here’s the afternoon coverage, when AIG CEO Edward Liddy shows up.

Anytime there’s a market-moving fiscal event and you’re looking for a quick read on how your fellow investors and armchair economists are interpreting it,  Barry Ritholtz‘s blog, The Big Picture, is a surefire place to visit, especially for the open threads.  The Fed got really aggressive this week by announcing the purchase of a third of a trillion dollars worth of treasuries.  This was clearly a bid to make riskier assets look more attractive thereby coaxing liquidity off of the sidelines and into the frozen credit markets.  The regulars over at TBP had quite a bit to say on the Fed’s move and Barry opened up the discussion to all on his Open Thread: Fed Driving rates Much Lower.

Lastly, Wall Street Fighter is probably my favorite desination each day for a can’t-miss list of some of the most interesting financial links and stories.  My new friend over at WSF, Stephen, published a guest post I did for them entitled Wall Street High School Class of ’09 Yearbook on Monday.  Check it out and be sure check in each day to see what the Fighter has turned up from around the web.

Tags: , ,

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.