A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Posts Tagged ‘ Asses ’
Margin Call – treatise on how to screw your partners
It was the risk model, an inherent flaw discovered after the fact but in time enough to pass the bag onto others. This is the big one' says one chieftan, 'just the start, most of us won't make it past next week. This will destroy the firm. But what oth...
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Late Sunday: Congressional Dem pushback kills SS modification
link
Congressional Democrats pushed back, saying "SS is not part of the current budget deficit, so why TF is it on the table now?". Nancy Pelosi is a lot tougher than people give her credit for. That part of any hypothetical deal is dead. Deal curr...
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We Got It Right, Wall Street Media Gets It Wrong
A few of us were reminiscing this weekend over on the Stool Pigeons Wire about certain calls on the housing market made by yours truly back in mid decade, the biggest one being that I sold my house in Florida in June of 2005–actually April, with a June closing. Sold it myself in fact,...
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