Gretchen Morgenson on the pure evil that exists in the nexus between private equity and affordable housing.
Changing Ships
Obama is gonna give finance reform a shot. Great timing.
Hot Links: Christian & Kermit
Good links from the weekend.
"Wait, Why Am I in AIG Again?"…The Buy Anything Phase is Over
So you gorged yourself on garbage, chased the china plays, munched on materials and binged on beta…
Volcker: No Need for Commercial Banks to be Hedge Funds
Paul Volcker’s op-ed explaining the Volcker Rule.
Saturday Night Video: Keep Yo Hands Off My Momma
My fave new commercial.
The Windows Royalty Trust – Why Microsoft Should Convert Already
Since Microsoft can’t grow, maybe its time they turned over that enormous cashflow to shareholders via a better corporate structure.
Dixon: The Stock Market As Greek Tragedy
On The Wire, characters rarely rose above the institutional failure, regardless of their good intentions. Chris Dixon demonstrates this same tragedy in the stock market.
Latest from the Chinese Real Estate Bubble: French Chateaux
More evidence of a bubble in Chinese Real Estate. Luckily, our own banks aren’t in any condition to be piling in…yet.
Mauldin on Greece: The Question Now Is Whether Or Not They Run On The Banks
John Mauldin’s take on what’s happening in the crumbling economy of Greece and what Europe’s options are for dealing with it.
