Are Bankers Incompetent Morons?
Shorter Floyd Norris: We bankers are idiots, we can’t do basic math, have little in the way of risk management. Lobbying for FASB...
NYT Headline of the Day
We interrupt this rally for what must be the funniest story I have read in I don’t know how long: Corpse Wheeled to Check-Cashing...
Pending Home Sales Index, NAR Housing Market “Bottoms”
The National Association of Realtors Pending Home Sales Index has been released, and it is once again, an exercise in spin. Stable...
Merrill: Recession is already here
Telegraph: The US has entered its first full-blown economic recession in 16 years, according to investment bank Merrill Lynch. Merrill,...
Headline of the Day
Classic: U.S. Stocks Climb for First Time in 2008 U.S. stocks advanced for the first time this year, led by drugmakers and utilities, as...
Linkfest 2008: Review/Preview
Barron’s called it "The worst start since 1932." That is not how you want to start the new year. By the numbers, the...
New Year’s Linkfest
Another wild and woolly week on the Street of dreams: Retail and Real Estate stunk up the joint, while commodities extended their...
Oil Movements
With oil over $97 today, I thought this graphic from FT was apropos: The rising oil price, which flirted with $100 a barrel this week,...
Christmas Linkfest
What a strange week this was — markets, data, conference calls — were all over the place. Since its a holiday weekend,...
2007 “BESPy Awards” For Best Investor Blogs, Education,...
Hey, we won a Bespy! "The First Annual BESPy awards. The BESPy recognizes the “Top” BLOGS, EDUCATION, SOFTWARE and PODCASTS...