July 25, 2016· 27 min

38: The Fed Made a Massive Mistake Letting Lehman Go

Orality
Model
79%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(988 words)
M:93%
HostJoe Weisenthal(828 words)
M:28%
GuestLaurence Ball(2,217 words)
M:27%

Oral Indicators

Agonistic29%
very, completely, massive
Engagement62%
you, our, your
Memory Aids100%
listen, so, now
Repetition100%
what (44x), they (38x), about (31x)
Parallelism96%
So why would I pay for stuff I..., And I'm Joe Weisenthal, managi..., So, Joe, I was away for a few ...
Sound Patterns55%
24 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases9%
i mean, to be honest

Literate Indicators

Hedging13%
quite, could, may
Passive Voice13%
was published, was penned, were tied
Abstract Nouns28%
investment, business, verizon.com/business
Subordination7%
while, because, though
Sentence Length45%
Avg: 16.2 words/sentence
Word Complexity50%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style38%
271 personal pronouns found
Descriptive Style100%
exactly, apply, monthly

Description

There's nothing better than financial crisis hindsight and earlier this month we got a big dose of it in the form of a 218-page paper by Laurence Ball, Department of Economics Chair at Johns Hopkins. In the paper, Ball makes the case that — contrary to statements by some policymakers — Lehman Brothers could have been rescued back in 2008 and the U.S. made a massive mistake in choosing not to do so. We talk to Ball about the genesis of the paper and what it means for markets today. See omnystudio.com/listener for privacy information.