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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Thursday Links on Fixed Income
Regulatory Capital Arbitrage: “With hindsight, there was too little capital allocated for mortgages originated between 2005 and 2007. Then again, with hindsight, they had a negative NPV, and should not have been issued by any rational profit maximizing firm.”
U.S. Imagines the Bailout as an Investment Tool: It’s still extremely unclear what kind of retail investors are supposed to want to invest in this stuff. What kind of risk profile fits a potential retail investor?
REO Hack Job: Paul Jackson takes on the NYT. “This isn't insight; it's a poorly-executed witch hunt masked as real journalism.”
Google and the Temptations of Being Cash-Rich: Why Google should give up its cash for reasons of self-discipline.
Reprinted from ReutersComments
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