Upside of Wall St. Failures? Nothing
“The truth may instead be that the finance industry not only has fewer missteps than the rest of corporate America, but that...
Universe Fly-Through
Nearly 400,000 galaxies are represented in an animation derived from the Sloan Digital Sky Survey (SDSS) data release 7. Miguel Arago and...
Happy Fifth Birthday, Financial Crisis
WSJ’s Matt Phillips stops by Mean Street to mark five years since the global credit crunch which sent the global economy into a...
Stunning Crimes of the Big Banks
Worse than Your Wildest Imagination ~~~ Preface: Not all banks are criminal enterprises. The wrongdoing of a particular bank cannot...
Justice Department Won’t Prosecute Goldman. Discuss
*JUSTICE DEPARTMENT CONCLUDES GOLDMAN SACHS PROBE :GS US *JUSTICE DEPT. WON’T PROSECUTE GOLDMAN SACHS, EMPLOYEES: AP *JUSTICE FINDS NO...
10 Thursday PM Reads
My afternoon train reads: • Lessons from Sweden in Assembling a Recovery (Economonitor) • Cognitive researchers find truth in...
Can Global Growth Be Saved?
Hale “Bonddad” Stewart is a former bond broker with several regional firms. He currently writes the Bonddad Blog, for the...
Otmar Issing says don’t use German guilt over WWII…
The stock market started to roll over, albeit modestly, coincident with the euro going to the low of the day, back below 1.23 at around...
30 yr bond auction weak as well
Following a weak 10 yr note auction yesterday, the 30 yr results are soft too. The yield of 2.825% was 1-2 bps above the when issued and...