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Extra Credit, Thursday Edition
The Auto Industry As a Play: A wonderful summation of what is wrong with Detroit.
Staff Keeps Neuberger After Deal Falls Apart: Essentially buying the liability-free shop, which was meant to be worth $8 billion, for nothing.
Central banks need a helicopter: They should be able to print money and just give it to consumers. But how to do that, in practice?
Citigroup Needs to Confess Its Writedowns Now: It might start with that $40 billion of "goodwill" it has on its balance sheet.
The Class of '99: Where Are They Now? Looking at what's happened to banks' market capitalization over the past 9 years.
Geithner May Seek to Push Bair Out After Clashes During Crisis
The Moral Hazard of Underwater Stock Options: Joe explains vega.
Harvard Endowment Down 22%: "Two 'lost years' is not a big deal if you're 372 years old and consider yourself immortal."
Music and the Market: Song and Stock Volatility: The negative correlation between BPM and the VIX.
Singapore Strikes Again: The WSJ shows how to deal with Singapore's courts. FT, take note.
The money talks: Financial literacy, in practice.
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