Barry Ritholtz and Steve Curley, CFA: Part I of II - Bailout Nation

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.

Follow the CFA Society of Orlando on Twitter at @CFAOrlandoFL

(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