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March 30, 2008

Nigerian Explains Subprime Scam to U.S.

Given some of their nationals' fondness for financial scams, there is something blackly comedic -- and possibly even downright appropriate -- about a letter from someone in Nigeria to the New York Times purporting to explain the U.S.'s subprime/credit issues....

Quote du Jour: In the Long Run, Part II

Everyone is painfully familiar with economist JM Keynes's rip on sanguine sorts who opine that in the long run we'll all be okay. After all, as he famously said, in the long run we're all dead. Most people, however, don't...

Sneak Peek at Weekend reading

Here is a sneak peek at some links from my weekly Weekend Reading column from over at TheStreet.com: The next bubble: Business books about the subprime/credit bubble (Los Angeles Times) MIT solar startup aims to beat coal on price (EETimes)...

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