Apr 30, 2020
This is Part I of a two-part episode; check back for Part II.
This episode features Barry Ritholtz, co-founder, Chairman, and Chief Investment Officer of Ritholtz Wealth Management. He is also the creator and host of the Masters in Business podcast/show on Bloomberg Radio and author of the book Bailout Nation, which was published in 2009.
In the first of a two-part episode, Ritholtz dives into a discussion about bailouts, how current airline bailouts compare the bank bailouts in 2008-09, whether the government has made money on bailouts before and what restrictions should be placed on firms who take money from the government.
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(0:38) - Colby Donovan and Steve Curley introduce the podcast
(3:55) – History of U.S. bailouts
(6:35 – Is this a black swan?
(8:42) – Discussion of his recent Bloomberg article
(12:30) – Did the government make money on bailouts before?
(17:00) - Thoughts on share repurchases
(20:18) – How he grades the government’s bailout response in 2020