Happy New Year’s from the Fed Debra Borchardt celebrates the Fed’s $500 billion purchase of mortgage-backed bonds. Sat 01/03/09 17:59 PM EST — Debra Borchardt Read More
Planned Tweaks & Changes to The Big Picture OK, it’s a new year, and I have some tweaks I want to make to the site. (If any Word Press programmers want to contact me about this... Read More
CASINO WALL STREET Bill Werner is an Engineer in Missouri City, Texas. The following is his attempt to Encapsulate All of Modern Economic History (with a... Read More
Why Don’t Policymakers Respond to Rising Markets ? Alternative title: Ignore Minsky at Your Own Risk > Thomas Donlan in Barron’s discusses the asymmetric policy approaches of the... Read More
Jared Diamond: Why Societies Collapse Why do societies fail? With lessons from the Norse of Iron Age Greenland, deforested Easter Island and present-day Montana, Jared Diamond... Read More
Video Primer on Bailouts Interesting stuff: A 16 video primer on Bailouts, via Kahn Academy Read More
1937 Bugatti 57S Atalante Found in a garage: 1937 Bugatti 57S Atalante, one of 17 in existence. Value: $4.3 million or more. > Sources: Rare Bugatti Found in... Read More
How to Repair a Broken Financial World Here is another excerpt — part II — of the all consuming OpEd of the Sunday New York Times by Michael Lewis and David... Read More
Twenty-First Century Trust-Busting Halfway through Michael Lewis and David Einhorn’s NYTimes Op-Ed (btw, when did those two hook up?) the reader begins to wonder why... Read More
Tarp Money via SF Gate > Source: GMAC eases lending policy to boost sales Bree Fowler Associated Press December 31, 2008... Read More