Be Wary of Serial Correlation
MIT’s Andrew Lo: The key concept here, developed by MIT professor and noted hedge-fund theorist Andrew Lo, is “serial...
Using TARP to Bailout Autos
> Well, if you think about it, they ARE troubled assets . . . > > See also: U.S. Treasury Ready to Prevent Failure of Automakers...
Jim Rogers: Most U.S. Banks “Bankrupt”
Jim Rogers on Thursday called most of the largest U.S. banks “totally bankrupt,” and said government efforts to fix the...
Inside Wall Street’s Madoff Scandal
A “Giant Ponzi Scheme” – Interview with Aksia CEO Jim Vos: Advised Clients Not to Invest with Madoff Bloomberg: WSJ:
History Lesson: Madoff tops charts; skeptics ask how
> Go to NakedShorts and read the entire 2001 article of the various ways some people challenged the Madoff story: > If it sounds...
On Risk & Solvency
Instant Classic: > Here’s a relevant Bailout Nation excerpt: Which raises the question: Why wasn’t there ever runs on...
Economists: Worst Still to Come
WSJ’s Phil Izzo talks with Kelsey Hubbard about the results of the latest survey showing economists believe the current recession...