Why Not Prosecute Nonfeasant Regulators?
The “Datapoint of the Day” comes from the NYT column we referenced yesterday: The mind-boggling drop in Justice Department...
Minsky Conference Update
From an institutional sales desk that must remain anonymous ~~~ There something very unnerving about this Minsky conference and I may be...
I’ve Got Some Good News & Some Bad News . . .
That’s what my accountant said before he dropped the bombshell: “You owe Uncle Sam. Big. Ugly. Write a check. Lots of...
Late-Week Reads
My top 10 reads for today • History bodes ill for stock market (Marketwatch) • 9 Things The Rich Don’t Want You To Know About...
Algo Monkey
I don’t know why — maybe because we’ve all met Institutional sales guys who sound JUST LIKE THIS — but this is...
European Nuclear Union
Interesting map from Spiegel: > > Source: Paying for the Energy Revolution German Nuclear Companies Stop Eco-Fund Contributions...
Why Physics Ends the Free Will Debate?
Newtonian Determinism says that the universe is a clock, a gigantic clock that’s wound up in the beginning of time and has been ticking...
Do You Know Carl Levin?
Joseph Saluzzi (jsaluzzi-at-ThemisTrading.com) and Sal L. Arnuk (sarnuk-at-ThemisTrading.com) are co-heads of the equity trading desk at...
Why Has No One on Wall Street Gone to Jail (Yet)?
“This is not some evil conspiracy of two guys sitting in a room saying we should let people create crony capitalism and steal with...