Recent Blog Posts
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The Times' Rorshach Geithner Story
Apr 27 20099:26 am EDT -
Sinking Animal Spirits
Apr 27 20098:45 am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:00 am EDT -
Be Your Own Counterfeiter
Apr 26 20099:36 am EDT -
Being Tim Geithner
Apr 25 200912:37 pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:41 am EDT -
What Good is the News?
Apr 25 20098:32 am EDT -
Stressful Enough
Apr 24 20092:29 pm EDT -
Not Regretting the Pound
Apr 24 20091:09 pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:47 am EDT
Links
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- Dan Gross
Extra Credit, Friday Edition
$75 Billion Fund Is Seen as Stopgap: The best explanation yet of what The Entity can do, and what it can't.
Another VaR Horror Story: "In Q3, UBS experienced 16 (s-i-x-t-e-e-n) days were losses overshooted daily VaR at the 99% confidence level. A reasonable person would expect 2 or 3 in a year." (UBS report)
Five Innovation Myths Applied to Urbanism: "A phenomenon that you might call Trinket Urbanism had a death grip on North American cities until relatively recently."
Civil War at ACS: A ‘Piece of Bullying and Thuggery’: An astonishing exchange between a CEO and his board.
Ace interrogator: "Waterboarding is torture... period."
In the WSJ, you need to be "the president or the pope" to be quoted saying something "sucks": "an ordinary CEO" wouldn't be important enough. But the guy who writes "Dilbert" can still use the word "turd", twice.
Mexico: Drug traffickers send billions in laundered drug money to US each year: Another potential PR nightmare for Citigroup.
Expected Loss = E[(a)(Tricks)**2 + (1-a)(Leftover Candy)**2]: "Right now the incremental value of one more 'Fun Size' Snickers bar is less than zero, though of course the value will reset itself in due time. I might be able to stand one more bag of peanut M&Ms though."
Minyanville: The Bear Stearns Headlines. "Report: Cayne Feels Like Everybody on Board Looking at Him"
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