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.
. □





