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Extra Credit Tuesday Edition

Market Movers

by Felix Salmon
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Nov 13 2007 12:00am EDT

Extra Credit, Tuesday Edition

Citi's giant write-downs: What did it know, and when did it know it?

Blackstone’s M&A Biz Provides No Relief: You thought Blackstone was an M&A advisory shop as well as a private-equity firm? Turns out, not so much. Also: Blackstone posts loss from IPO charges: "Blackstone is starting to go long the subprime market". Is that smart, given its extant commercial real-estate exposure?

Nouriel Roubini's latest recession call: "Expect Q4 growth to be 1% or below and this growth further to accelerate into negative territory by H1 of 2008."

Is this a meme? Me, on November 4: "In the Sachs vs Easterly debate, I come down on the side of, shall we say, Paul Collier." Jagdish Bhagwati, on November 7: "I disagree with Sachs and Easterly, for opposed reasons... I am more in tune with Paul Collier".

Saudi Prince Alwaleed Buys a Private A380

The 11 most bicycle-friendly cities in the world: The USA does surprisingly well, with four. Interestingly, San Francisco comes in 8th, despite its hills.

Fake Prada fuels Senegal's Muslim brotherhood

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