nym

Building Boring Nationalized Companies

You're back just in time to write the 200th or so article on SA commenting on Buffett's recent purchase.

How Long Can Public Pensions Continue?

On another hand, Oregon public agencies, including the pension fund PERS, have been betting bond money on the markets: www.statesmanjournal.c...

Richmond Fed: GSEs Encourage Mortgage Defaults

Link to Fed paper www.richmondfed.org/pu...

Richmond Fed: GSEs Encourage Mortgage Defaults

The double negatives are in the prevailing academic style, which is "not without" adherents.

The Real Problem with ETNs: The Spreads

Other than that, Mrs Lincoln, how was the play?

Whose Face Should Grace the $1 Million Bill?

To represent the US tax-payer/consumer, I nominate Alfred E. Neuman en.wikipedia.org/wiki/... with his motto "What, me worry?"

The Chamber of Commerce Has It Backwards

It's time for the president to take his eye off the 2010 and 2012 elections and do what's right for the country. Lincoln would have.

Regarding Osinski, Toxic Assets, and Felix Salmon

So why did you submit the article - to prove you're smarter than the rest of us?

Naked-Shorting Datapoint of the Day, Carl Icahn Edition

Unless he's too big to fail.


On Oct 14 05:02 PM Tom Armistead wrote:

> He who sells what is not his'n,
> Must buy it back, or go to prison.

The Bank Lending Channel's Role in the Recession

Is the message here that we might channel credit to businesses which relied on credit cards and home equity loans for funding? Sounds like sand down a rat hole to me.

Political Will for Reform and the Concept of Corporate Communism

Willem Buiter blogs.ft.com/maverecon.../ echoes Ratigan's theme with "...turn our financial sector back into something that belongs in and sustains a market economy instead of a form of communism for the rich and well-connected."

Krugman Puzzled by Housing Asymmetry

Quite right, po folks: Krugman is thinking out loud and allowing others to comment, a technique also used by DeLong and Salmon. Anyone wanting in on the action should follow the links back.

One the other hand, Falkenstein has clipped, pasted and taken a shot at his better.

Why Capital Regulations Didn't Cause the Mortgage Crisis

Mortgages were low risk back when responsible firms and their employees verified incomes etc. on applications. On the other hand, rating agents may have always been whores.

Walgreen Co. Takes Care of Business

"Walgreens benefited from its strategy of focusing on essentials and sprucing up stores by reducing clutter...."
Reminds me that I bought a garden hose at Rite Aide a few years ago and junked it before long. Fool me once....

Fisking Scientific American on Peak Oil

Link "article" here leads only to summary. Try www.scientificamerican...
At the end of article you'll see: "ABOUT THE AUTHOR(S)
Leonardo Maugeri is an economist and senior executive vice president of the Italian oil company Eni. He is a visiting scholar of the Massachusetts Institute of Technology and a member of M.I.T.'s External Energy Advisory Board. In 2007 his book The Age of Oil received the U.S. Choice Award. His new book, Beyond the Age of Oil: The Myths, Realities, and Future of Fossil Fuels and Their Alternatives, will be published in early 2010 by Praeger."
In my opinion he is not a tribute to the judgement of MIT.