Monthly Archives: July 2010

Links 7/31/10

Major jet lag attack….a face plant is in order. Chernobyl zone shows decline in biodiversity BBC Reality TV, cosmetic surgery linked, researcher says PhysOrg The We-Could-Go-Either-Way-On-Defamation League Weighs In FireDogLake BP Defines Deviancy Down Columbia Journalism Review Anatomy of Lehman’s Failure, and the Importance of Liquidity Requirements Economics of Contempt (hat tip Richard Smith and […]

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Summer Rerun: Debunking the Notion that Unions Hurt Productivity

This post first appeared on June 23, 2007 A neat little analysis by Ross Eisenbrey at the Economic Policy Institute may be difficult for union foes to explain away. It shows the proportion of workers covered by collective bargaining agreements in major European countries and the US and then shows productivity growth country by country […]

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Should We Buy Fed’s Reports of Gains on AIG Bailout Vehicles?

Readers may recall that the Federal Reserve created three vehicles to hold dodgy assets it obtained via the Bear and AIG bailouts, namely Maiden Lane (for Bear), Maiden Lane II (for AIG residential mortgage backed securities) and Maiden Lane III (for CDOs the Fed bought as part of taking out AIG credit default swap counterparties […]

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Links 7/30/10

Andrew Bacevich, Giving Up On Victory, Not War Tom Englehart Grantham: Everything You Need to Know About Global Warming in 5 Minutes Barry Ritholtz (hat tip reader Francois T) Gulf of Mexico Has Long Been a Sink of Pollution New York Times. Mirabile dictu! The Times discovers that the Gulf has dead zones! The CIA […]

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UK’s FSA to Restrain Pay of Hedge Fund and Investment Managers

Why oh why is it that the US media treats financial services compensation levels as a third rail issue? Rent extraction was the driver of the financial crisis, and the financial services sector made it clear in 2009, by paying itself record bonuses on the heels of being saved from certain death, that it had […]

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The Wages of Sin: Former Citi Execs Pay Token Fines for Lying to Investors

A news story today provides further confirmation of the rule by the banking classes in the US, with only token gestures to the rule of law. Per Bloomberg (hat tip Tom Adams), Citigroup is ponying up $75 million to settle SEC charges that the giant bank was not sufficiently forthcoming in the runup to the […]

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Summer Vacation Report

Your humble blogger is back and very much behind the eight ball (relative still in town, a missed flight followed by cancellation of the rebooked departure, which means I have competing demands on top of more acute phase of my chronic behind-the-eight-ballness). So while I will endeavor to provide roughly the normal number of daily […]

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Links 7/29/10

This is my last links post at Naked Capitalism. I want to thank you all for being patient and open-minded over the past two weeks. It is always a pleasure to read your comments as they are an integral part of the experience on Yves’ site. I also appreciate the links and Antidotes you have […]

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Normal service is resumed

Probably one more set of links to come from Ed, but I think that’s it from me. Unless Yves has once again  succumbed to the lure of Water Eaton, on the way back home to the States. Special thanks to Ed, Tom, John Bougearel, Francois T, Bob G, Mike G, Scott F, MA, anonymous, dd,  […]

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The Belgian mess

One more guest post to come, plus a farewell; I had more of my own in mind, but I’ve overrun, again. It’s certainly been demanding, or stretching, and a sharp reminder of what I do and don’t know well, and can and can’t do well; but it was also enjoyable to blether away at you […]

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Drag duo, no, trio

By John Bougearel, author of Riding the Storm Out and Director of Financial and Equity Research for Structural Logic Fiscal drags combine with manufacturing drags in 2011 ~ these drags will subtract 2.5% from GDP in 2011 The manufacturing sector has pancaked in June and July after giving roughly a 1% boost to GDP over […]

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Summer Rerun: Is Thinking Going Out of Fashion?

This post first appeared on May 11, 2007 I am beginning to suspect that many are reacting to the overstimulation of the modern world – the accelerating pace of change, data overload, time pressure, work and relationship instability – by turning off their brains. The rise of fundamentalism and the “family values” push, both efforts […]

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Links 7/28/10

Is this xenophobia? Video – Jan Brewer: Most illegal immigrants are ‘drug mules’ CNN (Hat tip Glenn) Bias and Bigotry in Academia Patrick Buchanan Losing White America Patrick Buchanan Long-Term Economic Pain for American Families Bob Herbert, NYTimes (this is why latent xenophobia has come to the surface in my view) Xenophobia is the uncontrollable […]

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