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Nov 1 2007 12:00AM EDT

Extra Credit, Thursday Edition

Research that aids publicists but not the public "Universal Widgets is not a very interesting company, widgets are not a very interesting product, and Nigel Snooks, the chief executive, is not a very interesting man. But a survey that shows that two-thirds of men have contemplated hitting their wives with a widget will produce many media slots in which Mr Snooks of Universal Widgets can recount the findings. There is even a term for this kind of activity. It is called “thought leadership”."

Lazard's Profit More Than Doubles on Takeover Fees

Inequality: Why we should treat all inequality statistics with a large pinch of salt.

I Call "Shenanigans" on GDP! "At the risk of sounding shrill, I am compelled to point out the quantum bogosity of this 3.9% GDP number," says Ritholtz; slightly more sober explanation here.

From Derrida to Derivatives "It will be interesting to see if securitization becomes a bad word just like "theory" did..."

Fake FOMC Press Release Generator

Gay Enclaves Face Prospect of Being Passé

The Horror: An ATM to end all ATMs.

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