January 2, 2009
0: Number of the five largest securities firms that aren’t now banks or partly owned by the U.S. government. [via Bloomberg]...
I was reading an article ("Spark and Sprawl") by Stephen Pyne in Forest History today, and it got me thinking about unintended consequences of the housing boom. Pyne argued that we will likely see the current cycle of massive wildfires...
I couldn't at first get past the title of this one, but the idea is interesting once you do: On the Impossibility of Events of Zero Probability Asad Zaman International Institute of Islamic Economics Abstract: A logically consistent way of...
Economics makes my brain hurt (Wilmott) 9 Ways to Visualize Consumer Spending (FlowingData) Faces of the crisis: Nouriel Roubini (FT) Developed countries aren't saving because they're more selfish than ever (Kotlikoff) Forecasting the future, including great interview with Philip...
From a recent Man Group report on hedge fund performance in 2008: Distressed managers had a hard time But of course they did....
It wasn't just your addled perception: The credit crisis was popular last year. Check the following figure which shows the share of countries worldwide experiencing financial stress across various recent crises:...
I'm still mostly out through Monday, so things will remain quiet here until then. I have a couple of things I'm going to try and get posted, but that's about it....
