New York Post

The Coming Private Equity Default Crisis

There’s a book out called “The Buyout of America: How Private Equity Will Cause the Next Great Credit Crisis” and before you derisively sneer at what at first sounds like hysterical hyperbole in the subtitle, consider this bit of logic from Josh Kosman writing in today’s New York Post: “You better sit down,” the secretary…

Dimon Loves Retail Stockbrokers

I caught this in the New York Post this morning, thought it was pretty cool: “I love the retail broker business because my dad is a broker and my grandfather was a broker and it was the first job I ever had,” Jamie Dimon, 53, said at a Securities Industry and Financial Markets Association meeting…

Hot Links: Under the Microscope

Stuff I’m Reading this Morning… Passport Capital makes the case for the agriculture investment theme.  (MarketFolly)  The unsinkable Whitney Tilson on housing’s non-bottom.  (TechTicker) Like the rich kid paying off bullies in school, Goldman is set to give a big charitable donation to deflect our attention from $23 billion in bonuses.  Andrew Ross Sorkin has…

The Sugar Trade

While everyone is reading that New York Post article about how many times a day Hank Paulson and Lloyd Blankfein call each other, the story the Post picked up on sugar trading from Bloomberg this morning was way more interesting to me. From the NYP: Sugar is the new crude oil for investment-hungry hedge funds,…

Hot Links: Stiglitz, Whitney, Durden & Mussolini

Hot Links for Weekend Reading… Someone tipped off the Post as to who Tyler Durden is.  Typical attempt to attack the messenger, not the message.  (NYP) Here’s the Zero Hedge response:  (ZeroHedge) What would Mussolini do to fix Italy’s economy?  (LOLFed) My heart is breaking for the slightly less rich Hamptons crowd of the Summer…

For New Yorkers, Neighborhoods Are Worth Protecting

I’m not normally a fan of any doctrine or restriction that stifles competition.  I’m also not an ideologue and I am not interested in watching the world burn in the name of unfettered free markets.  I think there’s nothing wrong with striving for some sort of balance in business for the benefit of everyone, even…

Breakfast Links: Heidi Moore, Bill Clinton & Runpee.com

Stuff I’m Reading this Morning… Heidi Moore get’s her head handed to her by Matt Taibbi after her silly Goldman Defense…(TrueSlant) Is Taibbi’s next conquest Charlie Gasparino and CNBC?  On Imus Radio?  (Clusterstock) Mike Konczal on unemployment insurance, great post.  (Rortybomb) Finally, an interesting stimulus handout:  Advanced batteries for cars.  (WSJ) Bill Clinton is STILL…

Breakfast Links: IPO's, Cramer & the B of A Tower

Stuff I’m Reading this Morning… First, I want to wish a happy 4th birthday to Long or Short Capital‘s site…these guys are great, start reading.  (LongOrShort) 4 IPO’s scheduled for August.  I forgot, what’s an IPO, again?  (DealBook) How many NYC restaurants have gone under this year?  Not that many, considering…  (Grub Street) Straight up…