
Dear Investor….
This will be the funniest thing you read today: >ACME Systematic Leveraged Macro Momentum Fund LP321 Overprice StreetGreenwich,...
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

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

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...