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Nice debate on the economy here titled "No visibility ahead: Predicting what's next" sponsored by Vanity Fair (!) and Bloomberg. The guests are Joseph Stiglitz, Jack Welch, Meredith Whitney, Oliver Sarkozy and Austan Goolsbee (senior White House economic advisor).

Video:

http://www.mefeedia.com/entry/video-no-visibility-ahead-pred...

http://www.bloomberg.com/avp/avp.htm?N=av&T=Whitney,%20S...

Transcript:

http://www.vanityfair.com/online/politics/2009/05/jack-welch...

Meredith Whitney says that banks are delaying the "inevitable" by raising capital. Goolsbee says the Government has been fire fighting. How true!

Cheers,
Uday
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