In the typical Hollywood movie script, there are three acts. In the first, we are introduced to the characters and the world in which they live. In the second act, our protagonist is slammed by a conflict he or she must overcome (my boyfriend’s moving out of town and I don’t know if we can…
December 2011
Hot Links: A Detour at Capitol Hill
Your morning financial links, expertly curated.
The Aberrational Performance Taskforce
“In 2009, the SEC began developing a computer-powered system that now analyzes monthly returns from thousands of hedge funds.”
Try Playing Defense Against Jerome Simpson
Video.
My Favorite Albums of 2011
My record reviews, what you may have missed in 2011.
The Year of Mass Defiance
Chrystia Freeland sums up 2011 perfectly in characterizing it as a year in which the “elites” were taken by surprise. For a long time, the comfort of the status quo allowed them to go about their dictatoring and monopolizing without fear of the people underneath them, who were suffering more with every passing year. But…
Danny Trejo is Bad Ass
Video.
That's a Money-Loser! (reprise)
Could you walk into Caesar’s Palace, belly up to the first open blackjack table, hit on 19 and win the hand? Yes, of course you could.
2011's Dumbest Moments in Business
Video.
Law of Unintended Consequences: Corporate Borrowing Binge
And so the Balance Sheet Recession continues apace for the deleveraging consumer while those with the greatest ability to borrow (and, god forbid, spend) continue to pad their balance sheets with fresh cash.
