Parisian women and behavioral economics Tyler Cowen
Boredom is a Killer h+ (hat tip reader Sugar Hush)
ObamaCare and New Coke Pat Caddell and Scott Miller
Friend to Wall Street, Schumer Is Suddenly Quiet New York Times and A Wall Street Ally Balances Loyalties Wall Street Journal. As Joe Cotello noted, “On the same day, the Journal and NYT both have an article on how Wall Street’s best Senator is torn between his benefactors and God and country. Someone should call and congratulate his press operation anyway.”
Rating Agency Data Aided Wall Street in Mortgage Deals Gretchen Morgenson and Louise Story. This is “dog bites man” for anyone who has been paying attention. I’m stunned that some bloggers find this to be news. It’s widely known they handed out their models to facilitate deal structuring.
Text of Selected Goldman E-mails Released by the Senate Subcommittee on Investigations New York Times. The problem is some were scanned so badly as to be extremely hard to read (the NYT has a “text” feature but it did not seem to work for me). A subset (more readable) is here. Goldman’s response to the Senate release can be found here.
Fight On, Goldman Sachs! Frank Rich, New York Times
A Tale of Carriers: Investing in Slide Rules Fred Reed (hat tip reader Hubert). Today’s must read.
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