Good Piece on Finance
In the UK monthly, Prospect. It covers the whole shebang, from the Efficient Markets Hypothesis to more mundane things like:
A LIBOR Primer
Possibly to be used in tandem with our recent piece on commercial paper. From the London Review of Books: What&
Spoilsport
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,
Bank Failures And Presidential Transitions
This is from Bob Feldman: During periods of U.S. establishment presidential transitions in the past, U.S. commercial banks
'You Can't Make This Stuff Up...'
...is the universal response to this item circulating through the blogosphere this morning. From Clustershock Beta. Hat tip to Across
GM Chrysler Deal Would Cause Massive Layoffs
As sales at US automakers continue to fall through the floor, Chrysler and GM are trying desperately to hammer out
Kaletsky: Transition to Begin Immediately
Anatole Kaletsky makes some very strong, but interesting claims. A must read: November 3, 2008 Change of guard could administer
PE: Bankruptcy 'n Things 'R' Us
Our July/August issue included a feature article on private equity by Orlando Segura, who worked in PE firms for
How to Thaw Credit, Now and Forever
In The Great Crash of 2008, Mason Gaffney explained our current crisis as a manifestation of the roughly eighteen year
If You Could Use a Laugh About Now...
From today's Independent. It has nothing to do with economics or the crisis. Consider it D&S&
Trade Deterioration Continues
Just when you though things might--might--be staggering back to a point somewhat close to a vastly degraded normality,
Uncle Sam v. McWorld
The wonderful Yves Smith with yet another great post. Note that US Treasury bonds appear, ever so slightly, and in