Bailout Nation

Amazon's Top Ten Business Books of 2009 List is a Joke

I’ve just finished perusing Amazon’s Top Ten Business and Investing Books of 2009, both the editors’ picks and the customers’ picks, and I gotta tell ya – both are terrible representations of what was worthwhile reading this year. I’ll keep my critique relatively short and then give you the lists themselves.  Feel free to chime…

The Bailout You Never Heard About

The quintessential book on Bailouts has already been written, it’s called Bailout Nation by Barry Ritholtz and many of my colleagues and clients will be receiving a copy come the holidays.  That said, there was one massive bailout in American history that hasn’t gotten much attention, probably because it was more of a social crisis…

Hot Links: Whither Mainstreet?

Stuff I’m Reading this Morning… PAY ATTENTION: China curbing overcapacity in steel, cement industries.  (Bloomberg) Wall Street recovers.  Main Street?  Not so much.  (Clusterstock) Everybody Hurts: even law school students feel the recession.  (NYT) Forbes on the passing of Senator Edward Kennedy.  (Forbes) If you haven’t read Bailout Nation yet, here’s are 20 reviews to…

Hot Links: LOLFed, Bailout Nation & Bill Singer

Hot Links for Weekend Reading I confess, I am now officially a LOLFed junkie.  This week, they gave us the NYSE’s new Dollar Menu, featuring items like Citigroup, Pier 1 and Vonage.  Alyx, you rule. The week started with another bombshell (non) earnings report from AIG, the hedge fund that happens to be attached to…

Hot Links: Maxine Waters, Bailout Nation and A-Rod

Hot Links for Weekend Reading This week, we watched another episode of half-educated Congressional grandstanding.  This time around, the focus of misguided indignation was how much TARP money ended up being paid out to executive compensation and bonus by the largest banks. The show-stealer was none other than Maxine Waters, the representative of California’s 35th…