A Very Bad Bet: How Wall Street Deluded Itself

The very best thing I’ve read this past week was a discussion about the worldview of the super-rich which came courtesy of the Washington Post’s Wonkblog. Ezra Klein spoke with the brilliant Chrystia Freeland, author of the new book Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else.  Chrystia’s become…

Five Years Ago Today: Ben Stein vs Jan Hatzius

One of the silver linings of the credit crisis was that it outed numerous full-of-shit charlatans who had been previously posing as economic soothsayers, often in the service of whichever political think tanks cut their checks or invited them to black tie circlejerks at the Mandarin Oriental Hotel. Ben Stein had all but crushed himself…

Bill Simmons on Pussification of the NFL

Has the NFL become a bit too pussified this year, freaked out as it is by the rolling, disturbing episodes involving concussed (and thus deranged) players? We just had a murder-suicide this morning by a Kansas City player that the league is already garnering blame for (because why else would a player do such a…

Saturday Night Video: The Return of Soundgarden

I confess I don’t yet have the new Soundgarden record (the 17-year-old me wants to come by the house later to kick my ass), but I do plan to grab it. The reconstituted Soundgarden – with uber-frontman Chris Cornell – were kind of enough to finally get around to releasing a new album this month,…

TRB Gift Guide 2012: Music

Hi, I’m Josh Brown. Are you looking for the perfect gift for a loved one, frenemy, business associate or sexual acquaintance? Provided that person is anything like me, the below gifts should do the trick. This TRB Gift Guide is all about music.  I’m sending you to the Amazon page here with my links because…

Fun and Games and Obvious Manipulation

Friday’s close was the most obviously, nakedly manipulated bullshit close I’ve ever seen. I have no idea who is behind it but this is not what healthy, well-participated-in markets do. There are too many real players to allow for this kind of thing to be able to happen in a real market. This market we…