Category Archives: Notices

Why I Should Never Go on Vacation

I’ve had such a consistent run of a combination of non-vacations (as in working during my vacation; in 2009, for instance, I had to continue pretty much full on with my drafting of ECONNED while on a visit to Europe) and disasters during vacation to make me leery of the proposition, even when I desperately need a break.

This holiday has proven to be no exception.

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Whinging in Comments

“Your roof, your rules” –George R. R. Martin, Game of Thrones

Lambert here: I’m writing this so Yves doesn’t have to. Because all we want Yves writing two or three McKinsey-quality posts each night, and not wasting her time on administrivia, right? Barry Ritholz at Big Picture has what Yves considers to be the gold standard for commenting policy. It reads in relevant part:

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Vale David Hirst

Yves here. Steve Keen sent this note along with his post:

The journalist David Hirst was both one of the few to warn of the crisis, and someone who became a good friend. He died last week, as a long term consequence of internal injuries sustained about ten years ago in the USA, when he tried to stop a woman being bashed.

His spouse asked me to see if I could get the attached published on NC, which was one of his favourite sites.

If you know David’s writing, you’ll understand what a loss this is. And if you missed his prescient and incisive commentary before and during the crisis, I hope you’ll sample his work below and get a sense of what a talent he was. Either way, I trust you’ll join me in sending condolences to David’s widow and his family, as well as to Steve.

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Launching Naked Capitalism T-Shirts and Goodies!

Readers have asked from time to time for us to provide T-shirts so you can let friends and colleagues know you are a member of the Naked Capitalism community.

Since we are chronically in “cobbler’s children go unshod” mode on almost everything admin related, it has taken an embarrassingly long time to get around to your requests. But hopefully the caliber and range of offerings will make up for the delay!

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Belated Christmas of Sorts Here at NC

This may sound quite bizarre, but this evening I went through the envelopes containing checks sent in the fundraiser and processed and deposited most right before midnight (the rest were processed after I got back and will go to the bank tomorrow).

So it was really gratifying to see checks from readers whose names in many cases I recognized, as well as read the kind notes and cards (and some sent animal pix). Thanks so much for your vote of confidence in our work!

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Wolf Richter: The EU Bailout Oligarchy Issues A Report About Itself

By Wolf Richter, San Francisco based executive, entrepreneur, start up specialist, and author, with extensive international work experience. Cross posted from Testosterone Pit.

On Friday before Christmas when nobody was paying attention, when people were elbowing their way through department stores or heading out for vacation, the European Commission issued its report on bank bailouts in the European Union—a dry document with mind-boggling numbers that left out the most important fact.

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