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Russia in Ukraine: Let Loose the Dogs of War!

CFO News Room

As the world’s attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Economics 130
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Russia in Ukraine: Let Loose the Dogs of War!

Musings on Markets

As the world's attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Economics 100
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Transcript: Steven Klinsky

Barry Ritholtz

STEVEN KLINSKY, FOUNDER, CEO AND MANAGING DIRECTOR, NEW MOUNTAIN CAPITAL: I come from the Detroit area of Michigan as a public school kid, went to University of Michigan and studied both economics and philosophy. September 13, 1981, I think the 10-year Treasury was 15.84 You got 60 percent of losses ahead of you. KLINSKY: Right.

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Transcript: Joel Tillinghast, Fidelity

Barry Ritholtz

He developed the Ginnie Mae contract, which at one time was a big thing in treasury bond contract. They announced a $640 million loss and ouch. But if, if it has a history of not being profitable, you you really want to exclude that. The visibility on earnings they grew but they stayed profitable as, as they grew.

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Transcript: Bethany McLean on Pandemic Fails

Barry Ritholtz

And you know, a bad diet tends to be associated with lower economic strata. Profiteering fraud. It just, the, the, the profiteering really was utterly insane. And so the F d A pushed back and basically the leaders of the pharmaceutical companies said, this is not going to be political. Not great outcome. And that was it.