Comments on: Links 11/30/08

By: Yves Smith

Yves Smith — Mon, 01 Dec 2008 06:06:00 +0000

I have never owned one, but ferrets are supposed to make great pets. They are very smart and very playful

By: Anonymous

Anonymous — Mon, 01 Dec 2008 05:42:00 +0000

Skippy said: “Hay someone tell the person with the critter in the box, that foam packaging gives off chloroform and will kill it OK.”

OK, but I think it will take too long. If they move real fast they might be able to tape it closed before getting bitten, tie the box to a brick, and throw it off a bridge.

Ugh. Is that someone’s pet? People sure have strange ideas about pets. “Weasel” – the word, for years, was synonymous with ‘evil little animal’, until it was appropriated by central bankers as a term of endearment for each other. Or, so I am told.

By: Anonymous

Anonymous — Mon, 01 Dec 2008 02:03:00 +0000

http://www.theaustralian.news.com.au/business/story/0,28124,24732323-36418,00.html

By: Mr. L

Mr. L — Mon, 01 Dec 2008 00:44:00 +0000

http://www.ft.com/cms/s/0/bd051b0c-bf13-11dd-ae63-0000779fd18c.html

The closing of the tax havens starts to make a move.

By: Juan

Juan — Sun, 30 Nov 2008 23:46:00 +0000

Max,

Along with points raised in other comments, you might want to consider what seems to be an inventory glut, or, some evidence of overproduction of consumer goods as brought out in this AP article: For stores, the holiday season may be over

By: Yves Smith

Yves Smith — Sun, 30 Nov 2008 23:14:00 +0000

Don,

Don’t know for certain, but I thought so when I put the pix up.

By: Don

Don — Sun, 30 Nov 2008 22:23:00 +0000

Is that a ferret? I only ask because I actually live with one.

Don the libertarian Democrat

By: ruetheday

ruetheday — Sun, 30 Nov 2008 18:04:00 +0000

Yves – Im not arguing that the TARP proper did not change course, I’m arguing that the asset purchases themselves still ended up (or will end up) taking place. We can quibble over the exact composition of assets being purchased (though the market for non-GSE MBS is much smaller than for GSE-backed MBS), however, I still believe that even when Paulson was focused on asset purchases (assuming he was at some point) that he never really intended to buy the real exotic stuff – that is, I believe the intent was to stabilize the underlying whole mortgages and MBS with the notion that the CDO and other downstream derivatives would then sort themselves out.

By: donna

donna — Sun, 30 Nov 2008 17:35:00 +0000

Well, I can never find Aries anyway, but I hope they leave Orion’s belt alone, since that’s one of the easiest things to find in the sky.

By: Anonymous

Anonymous — Sun, 30 Nov 2008 16:51:00 +0000

Yves, My wife tells me that the attitude to have is that I will sleep more when I’m dead. YMMV

Thanks for your site and postings.