Hot Links


Hot Links Weekend Reading:

The always erudite Equity Private wrote two great posts this week on Dealbreaker.  The first was a satirical how-to guide to escaping capture after a “Massive Financial Fraud“.  The advice includes “Don’t Watch CSI” and “Have a Plausible Explanation for Why Your Body isn’t Found”.

He also wrote a timely and knowledgeable piece related to the pilot that saved 150 lives by landing a jumbo jet in the Hudson after an emergency called “We Needed a Hero This Week“.  EP knows a thing or two about flying and I certainly couldn’t agree more with the title.


Elsewhere, Barry Ritholtz throws a literary haymaker at Ken Lewis and the Bank of America disaster.  His most salient point is that B of A made two horrible acquisitions (Merrill Lynch and Countrywide) and they deserve to feel the pain. 

This morning, he followed up by pointing out that both B of A and Citigroup have now borrowed more TARP money than they are currently worth, throwing water on the theory that these liquidity injections will one day become good investments for the American tax payer.


 Finally, Paul Kedrosky posted a really funny Stephen Colbert video explaining the difference between Ponzi schemes and “Fonzi” schemes (defrauding juke boxes out of thousands of dollars worth of nickels…lol). 

He also put up a list of things he doesn’t care about or believe in, including the whereabouts within Manhattan of Bernie Madoff and the decoupling theory.


Tags: , , , , , , , , ,

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.