Absent major unexpected developments, the book is due to be published March 2, 2010, or 3/2/10, which strikes me as auspicious. I hate the need for self promotion, and I hope reader will take this sort of thing in stride. But if I don’t do it, only my publisher will. Actually, Palgrave is treating this […]
Read more...Jupiter: Our Cosmic Protector? New York Times Mourning the Death of Handwriting Time, This is great. I have terrible manual dexterity, always got Ds in penmanship no matter how hard I tried, so I am delighted to see that standards have fallen so much that my illegible scrawl is the new normal. No Doubts: Women […]
Read more...I am sorry to make Roger Ehrenberg an object lesson as far as this post is concerned, because I am a fan of his work. He is articulate and insightful. I have often featured his posts in Links as opposed to in posts and felt a bit bad about it, in that I wanted to […]
Read more...The headline exaggerates, but not by much. Back in April, a Vanity Fair story about Iceland’s remarkable financial blow up was grist for a Vanity Fair story by Michael Lewis, “Wall Street on the Tundra“. The quick version is that Icelandic men were not merely reckless, that is such a common male pathology as to […]
Read more...Readers, I will confess I am only a user of garden variety search tools, with no special training, merely years of trial and error. I am having to do a quite a bit of rooting around these days to track down support for various arguments I am putting together for the book. I decided to […]
Read more...Signs of life: Mammal tracks from 190 million years ago found at Dinosaur National Monument Associated Press (hat tip reader John D) New Zealand Tree Stuck in a Time Warp ScienceNow Alan Blinder Was Out of the Country During the Housing Bubble Dean Baker June Exports Sustain Upward Momentum But Surplus Employment Rockets Japan Economy […]
Read more...Dear readers, despite the near tsunami of titles on the financial crisis, we have no new reader submissions this week but have several we expect to come in shortly, all ones I think readers will enjoy a great deal. In the meantime, Satyajit Das (of Traders, Guns & Money) graciously offered to let us post […]
Read more...People steal meat from wild lions BBC Pigeons As Art Critics? Pigeons, Like Humans, Use Color And Pattern Cues To Evaluate Paintings Science News (hat tip reader John D). No wonder they hang out near museums. Wall ‘could stop desert spread BBC (hat tip reader John D) Hacker Says iPhone 3GS Encryption Is ‘Useless’ for […]
Read more...On the surface, the particulars of this case seem simple. A Citigroup commodities trader who says he has a contract that could yield him a $100 million payment this year is crossing swords with the new Treasury pay czar, Kenneth Feinberg. The Wall Street Journal story portrays the pay deal for the trader, Andrew Hall, […]
Read more...Served by Jesse of Le Café Américain The New York Fed is creating an ‘investor advisory council’ and packing it with the outer circle of insiders, the banks being the In Crowd. Its nice to hear that Pimco will now have greater access to the NY Fed. Maybe the Fed would like them to explain […]
Read more...Submitted by Edward Harrison of Credit Writedowns. Citigroup has just released a forecast which is very troubling in regards to employment and growth in the Spanish economy. With unemployment already having hit 17.9%, Citigroup expects layoffs to increase this to 22% in 2010. Below is my translation of the Spanish-language article in Finanzas. The stabilization […]
Read more...In Her Majesty’s Service, Loyal Minion Courts the Queen’s Swans on Thames Wall Street Journal Hot secret behind toucan’s bill BBC Chinese Scientists Reprogram Cells to Create Mice Wall Street Journal (hat tip DoctoRx) Humans Glow in Visible Light LiveScience Amex, Capital One card losses dampen results Reuters Panting Dog. BreakingViews. On Cerberus’ woes. Couldn’t […]
Read more...Submitted by Leo Kolivakis, publisher of Pension Pulse. The Globe & Mail reports that federal pension plan books 22.7% loss: The pension plan for federal government workers lost 22.7 per cent in the latest fiscal year, but paid partial bonuses to its top executives for meeting their individual objectives for the year. The Public Sector […]
Read more...The Economist has its lead editorial and two articles (here and here) on the state of play in the economics discipline, given its failure to see the financial train wreck coming and its dismissal of those who raised early warning flags. I must confess I only got a few paragraphs into it before getting thoroughly […]
Read more...From Congressman Alan Grayson, member of the House Financial Services Committee and representative to the 8th Congressional District of Florida: Hi, Alan Grayson here. I just questioned Ben Bernanke in a Financial Services Committee hearing over the Federal Reserveís use of swap lines. You can watch the clip here. There was some good discussion on […]
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