January 8, 2009
I don’t do much tech here these days, nevertheless, this is one thing I need to mention. Despite my general Palm bearishness, I have to admit that the new Palm Pre -- sporting a spiffy and seemingly well-designed new o/s...
President-elect Barack Obama’s top political aides are transplanting their campaign tactics to the policy arena, using data from polls and focus groups to shape the debate over a stimulus plan that may cost at least $775 billion. David Axelrod,...
Quote of the day comes from an article about the revelation that former fugitive financier Marc Rich lost money on the Bernie Madoff scheme: The idea that Mr. Rich, the onetime fugitive, may now turn to an American court to...
South Korea said on Thursday it had arrested an elusive blogger accused of undermining the country’s financial markets with his doom-mongering … -- via FT And let that be a warning to Nouriel Roubini....
Banks offer 30-yr mortgages below 5% (Bloomberg) Social Security isn't a ponzi scheme -- maybe (Beat the Press) The Cost of Fearing Strangers (Freakonomics) Whew, Goldman's "sudoku model" says Treasury bond market not a bubble (Bloomberg) Citigroup sued over...
While it's a little more technical than most people will like, so just read the introduction and conclusions, this Fed paper on Sudden Stops in emerging markets during financial crises is thought-provoking in the current context. The gist: Deficit countries...
I think I've seen this floating around, but thought it would be useful to embed here for posterity: The resignation letter from Mr. Raju over his fraud at Satyam Computer Services. Satyam Computer Services Ltd 070109 Publish at Scribd or...
Fed economists knock selves out trying to figure out why people don't want to own stocks (FRB) Mohammed El-Erian: Investors should hide under government wing (FT) China Is Losing Its Taste for U.S. Debt (NYT) China hasn’t (yet) lost...
There is a brilliant and insightful review of historian Niall Ferguson's latest book "The Ascent of Money" in the current New York Review of Books. The author is Robert Skidelsky, whose own Keynes biography is one of my favorite reads...
Yale economist Bob Shiller gave a talk at Google a few months ago on subprime and the credit crisis, and the talk has now popped up in the Google Authors series. It's instantly dated, but you can still check it...
