Law Firm Deleveraging:
Perhaps the Patriot Act isn’t so bad.
Nice to see someone echoing an idea I’ve advocated for years.
Importance of Financial Intermediation Redux:
Where Genius Failed, Again:
How Harvard blew up its endowment.
Black Swan Musings:
Somewhat depressing to read.
Deficit Spending = Scarce Resource:
Credit card crunch:
How lack of liquidity could lead result in low valuations for toxic assets. Of course, such valuations could also result if such assets are duds….
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[…] While perusing another blog yesterday, I encountered a link to a New York Times article describing the Green™ aspects of […]
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