Posted 6 hours ago

Deceptive arguments are being made in California's water wars (Source) Hit Entertainment 'at risk of breaching bank covenants' (Source) Are Pink Slips Better Than Flu Shots? The Effects of

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People are sure digging on the collapse thesis with respect to bond purchasing: Lockyer Sells 25% More California Bonds Than Forecast (Bloomberg) Detroit sees lower than expected interest

Posted 1 day ago

This quote is about biological viruses, but it has metaphorical power in thinking about regulating new and exotic financial instruments: Investigators face a daunting black box with emerging virus

Posted 1 day ago

John Mauldin s latest: The Velocity of Money The Federal Reserve and central banks in general are running a grand experiment on the economic body, without the benefit of anesthesia. They are te

Tags: game

Posted 2 days ago

Survey finds VCs bullish on clean tech energy storage (Source) The importance of investor signaling in venture pricing (Source) US household debt falls for first time (Source) Apple Wai

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We flatter ourselves by imagining that we live in an age of endless invention and innovation. We don t. By almost any reasonable measure the inventions of the last few decades pale against the great

Posted 4 days ago

Sex! Drugs! (And a Tiny Bit of Off-Balance Sheet Accounting) Alright, I lied. This is mostly about off-balance sheet accounting, but it's still very good. My friend Frank Partnoy spoke recently at th

Posted 4 days ago

At this one-year anniversary of the market's near-death experience in March of 2009, time to revisit Stephen Colbert's classic Doom Bunker segment from those dire days.The Colbert ReportMon - Thurs 11