Archive for December, 2008

  • Ouch
    , December 23rd, 2008 at 3:03 pm

    One year ago, Business Week looked at what the pros were staying: Garzarelli is advising investors to buy some of the most beaten-down stocks, including [...]

  • Despite Bailout, Market Thinks GM Is a Goner
    , December 23rd, 2008 at 1:44 pm

    I think the government ought to pay attention to the market on this one. GM dropped as much as 18 percent today in New York [...]

  • How it Happened
    , December 22nd, 2008 at 4:04 pm

    The Onion explains it all:

  • This Doesn't Look Good
    , December 22nd, 2008 at 4:01 pm

    Man found dead hanging by his belt in British hotel. Did I mention that he was naked? Or the head of insurance at HSBC? “His [...]

  • This Doesn’t Look Good
    , December 22nd, 2008 at 4:01 pm

    Man found dead hanging by his belt in British hotel. Did I mention that he was naked? Or the head of insurance at HSBC? “His [...]

  • Bernie's Cribs
    , December 22nd, 2008 at 12:16 pm

    Nice. Very nice.

  • Bernie’s Cribs
    , December 22nd, 2008 at 12:16 pm

    Nice. Very nice.

  • TED Spreads Narrow
    , December 22nd, 2008 at 12:06 pm

    TED spreads are at their narrowest since before Lehman went under. The TED spread, a gauge of banks’ willingness to lend, slipped below 150 basis [...]

  • Slowly I Return
    , December 19th, 2008 at 2:32 pm

    Once again, let me apologize for the lack of blogging this week. I can’t remember the last time I knocked so hard by ill-health. I [...]

  • Lack of Posts
    , December 18th, 2008 at 2:09 pm

    I have to apologize for the dearth of posts this week. I haven’t been feeling well. I hope to return to full blog-mode soon.

  • Quote of the Day
    , December 17th, 2008 at 12:23 pm

    In modern business it is not the crook who is to be feared most, it is the honest man who doesn’t know what he is [...]

  • Bernie's Victims
    , December 15th, 2008 at 8:06 pm

    Clusterstock has a slideshow.

  • Bernie’s Victims
    , December 15th, 2008 at 8:06 pm

    Clusterstock has a slideshow.

  • SEC v. National Lampoon
    , December 15th, 2008 at 3:17 pm

    From the SEC’s website: SEC v. National Lampoon, Inc. et al. Defendants: National Lampoon, Inc., headquartered in Los Angeles, California, is a media and entertainment [...]

  • Madoff's Campaign Contributions
    , December 15th, 2008 at 1:19 pm

    If anyone’s curious, Bernie gave a lot. In light of the Madoff scandal, I’d like to announce that I’m opening a new hedge fund. We’re [...]

  • Madoff’s Campaign Contributions
    , December 15th, 2008 at 1:19 pm

    If anyone’s curious, Bernie gave a lot. In light of the Madoff scandal, I’d like to announce that I’m opening a new hedge fund. We’re [...]

  • Harvard Forced to Make Do With Less
    , December 15th, 2008 at 10:27 am

    All the chappers down at Porcellian have been most dreadfully upset: It’s as if an heiress had lost her trust fund. At Harvard University, the [...]

  • Bernie Made-Off
    , December 15th, 2008 at 9:36 am

    Even by Wall Street’s standards, the Madoff scandal is stunning. It’s hard to imagine anyone with a better reputation than Madoff, and his entire enterprise [...]

  • Deconstructing Rushing Yardage
    , December 14th, 2008 at 2:18 pm

    For a nice weekend diversion, here’s another stab at pro football sabermetrics. I’m new at this, so if anyone’s interested in this subject, I’d welcome [...]

  • Peter Cook & Dudley Moore
    , December 13th, 2008 at 2:52 pm

    Not terribly mature or safe for work.