January 9, 2009
This foreclosure-fraud scheme that bilked some San Diego County homeowners out of $100,000 in 2007 made my jaw drop: Prosecutors said [Larry] Smith and the others sold “land patents†to homeowners facing foreclosure and told them that the patents would...
Lots of people, myself included, persist in chattering about "crowding out" in global debt markets. It is, of course, the idea that when too many people all go to global debt markets at once, some others won't have easy access,...
The Economic Crisis and the Crisis in Economics (PI) The global savings glut and the current crisis (Setser) Consumer deleveraging: only just begun? (Big Picture) Questions for Sports Economist Andrew Zimbalist (NYT) Nasdaq launches government-relief index (Nasdaq) Photo essay:...
Good post on "big data" from a speaker at the upcoming Money:Tech conference in New York: At present, much of the world’s Big Data is iceberg-like: frozen and mostly underwater. It’s frozen because format and meta-data standards make it hard...
Fun chart from the folks at Wired graphing credibility versus time for some book-driven memes of recent note. It actually makes a certain amount of sense....
It's not often you have a former member of the Forbes Midas List of top venture capitalists declare finis to his own business. That is, however, what happens in a new post by ex-VC Bill Stensrud, formerly of Enterprise Partners....
Great chart showing the remarkable spike higher in the number of people in the U.S. working part-time for economic reasons. According to the latest BLS numbers, 3.4-million were added to the lists in the most recent report -- that's on...
Bill Gross wins game of chicken in walking from GMAC debt swap (Bloomberg) Andrew Mellon vs Bailout Nation (Pimco/Gross) Great four-part BBC radio documentary on Charles Darwin anniversary (BBC) Panel Steps Up Criticism of Treasury Over TARP (WSJ) More...
The OC Register has been pretty much non-stop in following the so-strange Henry Nicholas (of Broadcom) case. The latest news came today, with a decision that a controversial email from Nicholas to his then-wife can potentially be used in the...
