Thursday, September 10, 2009
Karl Denninger of The Market Ticker is seemingly everywhere these days, recently zooming past yours truly on the Seeking Alpha list of Top 100 Contributors (yes, I'm still stuck in the low 30s). Here he talks about the U.S. banking system, Treasury Secretary Tim Geithner, Fed Vice Chairman Donald Kohn, and the impending collapse of the credit system.
The still frames that appear on YouTube videos before you hit play are frequently a source of amusement. In this one, it's almost as if Karl is wearing some kind of silver clown-nose.