Dymaxion Man:The visions of Buckminster Fuller Elizabeth Kolbert, The New Yorker.
Study Finds Imbalance on 3 Newspapers’ Op-Ed Pages New York Times. Quelle surprise!
Moody’s “Global Scale” for municipals Accrued Interest
Rupee Steepest Slide Since ’93 Repels Funds on Prices Bloomberg. Object lesson: an economy with a high interest rate whose currency is tanking. Carry traders are not indiscriminate.
Ben Stein Watch: June 22, 2008 Felix Salmon
Testimony of Richard Bookstaber Submitted to the Senate of the United States, Senate Banking, Housing and Urban Affairs Subcommittee on Securities, Insurance and Investment For the Hearing: “Risk Management and Its Implications for Systematic Risk”. Bookstaber is the author of “Demon of Our Own Design.” His presentation is sensible and stresses the role of organizational shortcomings, particularly, that risk managers lack sufficient clout.
Antidote du jour: