2/10/2009 CNN "Appearance"
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- 8:43Shorting Stock 2by khanacademy31,068 views
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Sal is Godsend! He is blessed with all his knowledge and he is actually donating this anyone who wants it. Thanks! Mr. Khan.
Najma202 2 years ago
Wow, GOOD JOB!!
Mizumi17 2 years ago
Sal is a genius!
checkunderyourbed 2 years ago
That's rad Sal.
PenguinJin 2 years ago
Watch what he's done. Dan, this is not the next sound bite that we were expecting. I want you to jump one ahead. Thanks. Here it is, Salman Khan on this bad bank idea presented today like you have never seen it.
(BEGIN VIDEO CLIP)
SAL KHAN, KHAN CAPITAL MANAGEMENT: I have drawn here a simple balance sheet for a bank. The left-hand side is the assets. Assets. This is the liabilities. This is what they owe to other people, liabilities.
PedanticPirate 2 years ago
But guaranteeing risky debt is exactly how we got into this problem in the first place. That part of what Geithner proposed today seems completely crazy to me. I don't think it's going to be effective.
PedanticPirate 2 years ago
MIRON: I don't think that that does very much, because it basically is just moving the assets from one place to another. As was explained in that little video, if people -- if the banks could sell the assets for prices that they liked, they would have sold them already. So, private investors aren't going to put their money in unless the government is either adding a lot of money on the table or providing guarantees.
PedanticPirate 2 years ago
SANCHEZ: I'm going to ask our director to do something for us. Since we're on the story of Tim Geithner, come back to me, if you can. It's interesting, but one of the plans that he's explaining to Senator Shelby is a plan to take all the bad debt in the United States and put it in one bank.
The federal government would actually create a bank filled with nothing but bad debt. It's actually being called the bad bank. I want to get reaction on this from professor Miron.
PedanticPirate 2 years ago
I love listening to the way he explains things, it's v.empowering, sal is a gr8 explanatory deivce !!!!!!!!!!
Lukeeeeo 2 years ago
GJ SAL!!!
vinniepaz730 2 years ago