Category Archives: remainders

July 2008 LHC End of the Universe Puts I Have the Best Job in the World: Berkeley coffee shops really do have more interesting conversations. Lehman Deal: ‘Creative’ Financing Rides Again In times of complexity, common sense must prevail: John … Continue reading →

You can’t spell "subprime" without "UBS" Diamonds are forever: A nicely contrarian take on the concept of "blood diamonds". Greenspan: "This is really quite unfair": Greenspan never really retracted his statement recommending ARMs. Beware the ninja Prius

Survey of economics blog readers: If you have a minute, take it! A Tax Break for Bubble Heads: More problems with the housing bill. The Bear Stearns Tombstone.

Jobless Rates by Education: Stay In School! Machiavelli meets the Big Apple: Ten reasons NYC’s congestion pricing plan went belly up. I Cahn’t (turn Motorola around) My Experiment With Incentives: Mike Moffatt used incentives to lose weight. And MSF still … Continue reading →

A Pro-Foreclosure Bill: The problems with the Senate’s housing bill. The euro’s rivalry of the dollar does not depend on tipping: Jeff Frankel on why the Fed should be worried. Fooling Some of the People All of the Time: A … Continue reading →

The Most Liberal, Conservative, and Independents Sites in America, for Real Change We Can Believe In: Good and bad currency design. The Pressure is Building in Iceland Countrywide Wants To Sell You a House: Many of Countrywide’s new mortgages are … Continue reading →

Counterparty of last resort? Yes, but: Steve Waldman on the Bear rescue. Bush, Vote Buying and the 2004 Elections: Zubin finds another important paper. A Stormy Decade for Citi Since Travelers Merger Apfel hat Logistikproblem! (probably): "T-Mobile cut the price … Continue reading →

Are we having the right discussion about the financial crisis? Ricardo Hausmann says that if regulations had been tighter, growth would have been lower, meaning real interest rates would have been lower, leading to just as much bad lending. Playing … Continue reading →

Record gas prices equal record Prius sales: They’re now roughly double Ford Explorer sales. The cautionary tale of Jefferson County Alabama Going for Broke: Surowiecki on how strict bankruptcy laws hurt the economy. Economic News: A new econoblog aggregator. Yet … Continue reading →

James Cayne risks lawsuit as he seeks counter-offer for Bear Stearns: Is this why he didn’t sign the merger agreement? More on debt and net worth Fed funds question: Krugman asks if Fed funds can go much lower. I think … Continue reading →

The World’s Scariest Chart: US household debt to GDP. Can’t Grasp Credit Crisis? Join the Club How Apple Got Everything Right By Doing Everything Wrong Casino stock returns in Q1: Not pretty. Extraordinary adventures with the Fed: "Its own resources … Continue reading →

Charting The Banking Crisis – A Boomerang Demo: Two wonderful charts. Amid Brokers’ Woes, Investor Accounts Are Mostly Protected Not a bailout: James Hamilton gets it right. More Dissents at the Bernanke Fed: On the usefulness of public hawks. Can … Continue reading →

A Subprime Conversation The Economy of Fear: Cassidy is bearish. Economics Blogs Search Bear Stearns tremors – now affecting candle-sticks

Nothing to Fear but Fearmongers Themselves: A Look at the Sovereign Wealth Fund Debate Official: Euroland GDP Passes U.S. Betting the Bank: Krugman on the desperation of Bernanke. Triple-A Trouble: Justin Fox on the ratings agencies. Common Wealth: Jeff Sachs … Continue reading →

Credibility and public borrowing: "Forecasts for public borrowing have always been subject to huge margins of error. There’s a rule of thumb, which dates back at least as far as Nigella’s dad, which says that the average error is 1% … Continue reading →

What Role did Langone Play in Spitzer’s Fall? Time travel & real interest rates The Scalps of the Credit Crunch

Just think, the fees you could charge Buffett: "Over a sufficiently long time horizon, your investment manager will become richer than you". Will It Work This Time? "By my count, this is the ninth time since August that the Fed … Continue reading →

Return of Capital: Accrued Interest on the cheapness of agency bonds. What Went Wrong…and Right: "Bumbling rubes somehow got control of major banks…and lost billions!" Your Oil Datapoint of the Day: Oil companies made $10 million last year. Per hour. … Continue reading →

WaMu rewrites execs’ bonus plan to dodge subprime damage Remember the Alamo: The Epicurean Dealmaker on Carlyle Capital. Download Whitney Tilson’s slide show "Why We Are Still in the Early Innings of the Bursting of the Housing and Credit Bubbles".

Municipal Bonds: Yeeeeaaaaahooooooo! "Smith Barney, Citigroup’s retail brokerage arm, supposedly had the best day for selling municipal bonds in their entire history on Monday. One large dealer I talk to regularly said they had sold every bond in their inventory … Continue reading →

Learning from history at the LSE: "Citi shareholders must act, Goodhart said: all prospective chairmen should be tested for their quotability, and any with a talent for phrasemaking should be passed over ‘in favour of someone more boring’." Annals of … Continue reading →

This is what happens when you don’t blog for a day but you did have offline access to your RSS reader: the end-of-day roundup starts to get very long. Treasury Five-Year TIPS Yields Fall Below Zero for Third Day Will … Continue reading →

I’m on assignment (or travelling, or at a board meeting) for most of Tuesday, so posting will be light to nonexistent. In the meantime… Against ambition: "Ambition is counter-productive for those who possess it, and for the economy generally." A … Continue reading →

The MacBook Air chronicles #4: success with VMWare: "Someday a business historian will figure out whether Microsoft’s decision to release the obviously-unready version of Vista one year ago was a minor bump that will soon be forgotten, or instead a … Continue reading →

Narrow victory for battered UBS chief Opening the windows on Microsoft: "Mr Gates may be leaving the building but persuading his paranoid spirit to depart is something else again." The War on Error Oil Wealth Fueling Boom In Islamic Finance