BizJournals Portfolio
Dec 07 2007 12:00am EDT

Extra Credit, Friday Edition

It's Not 1929, but It's the Biggest Mess Since: "This may not be 1929. But it's a good bet that it's way more serious than the junk bond crisis of 1987, the S&L crisis of 1990 or the bursting of the tech bubble in 2001."

Bush: 1-800-995-Hope. Operators Standing By (It's actually 1-888-995-HOPE, don't call a "group that provides Christian education home schooling material"!)

Immigration and state/local budgets

AQR'S QUANT LOSES LUSTER

Man Group CEO on lock-ups and alpha: "Bottom line: lock-ups should give you a better return and then some in order to be worthwhile."

Rating Agencies on Trial: "Something is wrong when an entire industry teeters on the brink of destruction because of - what? - a change in credit rating."

In Defense of the Ratings Agencies

Straight Talk on the Mortgage Mess from an Insider

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