Stream Your Event | Partners | Speakers CART ITEMS: - | CHECKOUT

Robert Heller: Restoring Confidence In Financial Markets

Watch Full Video | free previews

Commonwealth Club of California

Commonwealth Club

Info
Bio
Chapters
Preview
Zoom In

Former Visa CEO Bashes Obama Stimulus Plan

03 min 09 sec

Add to Profile

Robert Heller, former Visa CEO, discusses President Obama's stimulus plan and argues not much has changed since the Bush administration. He criticizes Timothy Geithner's continued involvement in the recovery, and expresses concern over the lack of "shovel-ready projects."
Inflation: The Next Economic Bubble

03 min 54 sec

Add to Profile

Robert Heller, former Visa CEO, discusses the threat of inflation arising from the massive amounts of stimulus money being injected into the system by the Fed.

He argues that once the stimulus money begins to take effect, the Fed will be hesitant to rein in growth. And, if left unchecked, will lead to another economic bubble.
Watch Full Program

01 hr 04 min 56 sec

Add to Profile

There are 2 comments on this program

Please or register to post a comment.

Previous FORAtv comments:

Newspeaker +
FORA.tv Staff

Posted: 05.18.09, 09:00 PM

i get your points and agree with you. obviously, mr. heller was speaking as a banker....and in the context of men in his position, i felt he was less oblivious and better intentioned than most...probably because he is no longer at the head of a major bank.

seans

Posted: 05.11.09, 10:32 AM

Hmmm... let me get this straight... 1. we need to restore bank confidence (darn banks have such low self-esteem) 2. we haven't protected the corporations enough. although we gave them the status of person-hood, repealed interstate banking laws, repealed the separation of investment and commercial banks, it wasn't enough... dang. 3. the government and it's taxing ways is the problem. risk-taking corporations who privatize profits and socialize losses are what pump the life-blood of our economy. 4. more money for the epa, state department and (gasp) social programs are a waste because corporations really just need more security (an army say) for their overseas operations (natural resource extraction, i.e. oil, etc.). 5. long term investments make us wait too long. we need profits this quarter. ok, ,long-term investment in lobbying congress does show promise. 6. Banks run internal stress-tests all the time. They don't need the government to run similar tests. 7. The problem with regulation is that banks are not allowed to do what needs to be done--you know boost bonuses, leverage reserves, subsidize lobbyists--too much openness is a bad thing. darkness is the best (dis)infectant. 8. Don't question the rules --- that's the business of bank managers.

Watch Commonwealth Club of California

$99.95/Year

Unlimited access to all programs

Watch Robert Heller: Restoring Confidence In Financial Markets

$4.95

30 Days Unlimited Viewing