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[165] Frances Coppola discusses Fed Rate Hike & Anthony Randazzo on govt pensions

Summary:
Tuesday morning billionaire hedge fund manager Bill Ackman declared loudly (again) he believes Herbalife is a pyramid scheme. The Pershing Square Capital boss gave what he called "the most important presentation of his career" to the hundreds of folks gathered at the AXA Equitable conference in Midtown Manhattan. Erin takes a look. Then, Erin spoke with Frances Coppola, the brains behind the blog Coppola Comment, about Federal Reserve policy, rate hikes, and financial warfare. After the break, Erin speaks with Anthony Randazzo of the Reason Foundation about the negative effects stock bubbles can have on state and municipal finances and pension plans. And in today's Big Deal, Edward Harrison and Erin discuss the subprime auto loan market, credit risk and how risk across sectors can

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Tuesday morning billionaire hedge fund manager Bill Ackman declared loudly (again) he believes Herbalife is a pyramid scheme.

The Pershing Square Capital boss gave what he called "the most important presentation of his career" to the hundreds of folks gathered at the AXA Equitable conference in Midtown Manhattan. Erin takes a look.



Then, Erin spoke with Frances Coppola, the brains behind the blog Coppola Comment, about Federal Reserve policy, rate hikes, and financial warfare. After the break, Erin speaks with Anthony Randazzo of the Reason Foundation about the negative effects stock bubbles can have on state and municipal finances and pension plans.



And in today's Big Deal, Edward Harrison and Erin discuss the subprime auto loan market, credit risk and how risk across sectors can amplify financial instability. Take a look.



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Frances Coppola
I’m Frances Coppola, writer, singer and twitterer extraordinaire. I am politically non-aligned and economically neutral (I do not regard myself as “belonging” to any particular school of economics). I do not give investment advice and I have no investments.Coppola Comment is my main blog. I am also the author of the Singing is Easy blog, where I write about singing, teaching and muscial expression, and Still Life With Paradox, which contains personal reflections on life, faith and morality.

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