Extra Credit, Weekend Edition
Market Bailouts and the "Fed Put": Mark Thoma deserves some kind of medal for doing this. Fed speeches are long and dense; Thoma's worked out a way of making them much easier to read without losing any of their subtleties. In this one, William Poole comes to the defense of the "Fed Put" against the moral-hazard brigade. Well worth reading, or at least skimming.
Climate Change, ethics and the economics of the global deal: Nick Stern at Vox EU.
Not a bad bit of rescuing, huh? Accrued Interest says senior noteholders will benefit from the subprime bailout.
Real Estate and the Creativity Index
Rap represented in mathematical graphs and charts
Subprime Series, part 2: Deposit insurance and the lender of last resort
And finally (this is one I hadn't seen before):
- The Problem With InTrade
- Dec 3 2008 5:52PM EST
- GM's Bond Restructuring Plan
- Dec 3 2008 4:44PM EST
- Harvard: Still Rich
- Dec 3 2008 12:15PM EST
- The Tyranny of the Shareholders
- Dec 3 2008 11:11AM EST
- Should Treasury Issue 100-Year Bonds?
- Dec 3 2008 10:18AM EST
- Morning IM
- Dec 3 2008 8:41AM EST
- Adventures in Anonymous Sourcing
- Dec 3 2008 12:27AM EST
- Extra Credit, Tuesday Edition
- Dec 2 2008 11:57PM EST
- Q
- Dec 2 2008 10:34PM EST
- Finance Salaries: A Reply
- Dec 2 2008 8:07PM EST
- The Failed Subprime Clampdown
- Dec 2 2008 4:29PM EST
- Blame Citigroup's woes on the Citi-Travelers Merger
- Dec 2 2008 2:30PM EST
- Greenberg's Chutzpah
- Dec 2 2008 12:26PM EST
- Super-Seniors: The Last Word
- Dec 2 2008 12:04PM EST
- Pay Bankers Much Less
- Dec 2 2008 10:58AM EST
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