Breaking Down the Mortgage Settlement
Terrific X-Ray of the mortgage settlement from Cora Currier of Pro-Publica: $3 billion: total for which banks can be credited for...
10 Tuesday AM Reads
My morning reading material: • How We Opt Out of Overoptimism: Our Habit of Ignoring What Is Real Is a Double-Edged Sword (Scientific...
Ugly Chart Contest: Safe Haven Swan Diving
There’s something happening here What it is ain’t exactly clear…. Everybody look what’s going down – For What It’s Worth...
James Gleick: The Information: A History, a Theory, a Flood
On vacation in February, I read James Gleick’s The Information: A History, a Theory, a Flood. It may be my favorite nonfiction book...
China slowdown concerns
Growth slowdown concerns in China are the main catalyst for the global equity market weakness. Firstly, China announced that they are...
5 Things That Surprised Me About A Career on Wall Street
I had a conversation with a friend recently about Wall Street. We discussed some of the odder aspects of the Street, not so much about...
BHP expect Chinese iron ore demand to flatten
The Australian Government has passed its mining tax, which becomes effective on the 1st July. Great timing, especially with a slowing...
A Surprisngly Sane Debate on Nuclear Energy
What happens when you get the chairman of the UK Atomic Energy Authority, the chief scientist of Greenpeace, an energy and environmental...
Why Apple Should Grab Twitter
Now we know what Apple is going to do with some of their $100B cash pile: Pay a dividend and buy back stock. Facebook’s IPO is rumored...