Is the Market Still a Future Indicator?
At this point, you would have thought the Efficient Market Hypothesis would have died a quite death. But as is its wont on Wall Street,...
Hedge Fund Winners and Losers
The NYPost is looking at the winners and losers in the NY area hedge fund community: Note that Jake at EconompicData does a much better...
Paulson & Co Opening New Fund to Re-Capitalize Banks
There is no small amount of irony in this: "John Paulson, the money manager whose wagers against the U.S. housing market helped him...
Corporate Bailouts Through History
I came across an interesting piece in BusinessWeek from December 2007 on one of my favorite subjects: Corporate Bailouts Through History....
Who is to Blame for Bear Stearn’s Demise?
From our Things that make you go Hmmmm department: There is a meme going around about the death of Bear Stearns (BSC). According to some...
New Project(s)
What a crazy week — and the market is the least of it! We moved from our old space on Park Avenue & 49th (across from the...
The Fine Line Between Investment Grade and Junk
I love a capella, and enjoy a good economic parody. So how could I not love the Richter Scales ode to the 2007 credit crunch, sub-prime...
Martin Feldstein on the Housing/Credit/Economic Mess
Regular readers know that I am not a fan of the WSJ Op Ed page. In addition to their playing fast and loose with facts, I find their...
One Way Days: Are the rules different this time ?
That’s the intriguing question asked in a recent WSJ article, New Rules For Picking A Bottom? Don’t leap to the wrong...
A Demon of Our Own Design
I previously mentioned A Demon of Our Own Design in a linkfest a few weeks ago. I enjoyed the book a great deal, and just about finished...