Posted in Humor, tagged Idiocracy on September 21, 2008 | 1 Comment »
Image by Captain Alcoholica via Flickr
Maybe this plan should be called the “Troubled Asset Removal and Disposal Service”- TARDS. It made me think of the clip from Idiocracy below (at around the 3:27 mark) where the doctor tells him:
Don’t worry scrow, there are plenty of tards out living really kick-ass lives. My first wife was [...]
Posted in Uncategorized on September 19, 2008 | Leave a Comment »
Image via Wikipedia
Obviously a crazy day yesterday – market made a huge swing around lunch time. I was looking at the market and saying “we’re going to reverse”. Figures – right when I had to go to the dentist. Ah, such is life. So now the question everyone is asking is this: Is this the [...]
Posted in Uncategorized on September 18, 2008 | Leave a Comment »
Not much more that can be said about this video, but finally someone lays out and into S&P for their ratings of companies and derivatives.
Posted in Uncategorized on September 18, 2008 | 3 Comments »
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Barry over at Big Picture has a damning post about how the SEC is at least partially responsible for the current mess the investment banks are in. Basically, the SEC reduced the capital requirements on the banks and they took on too much leverage:
Is Financial Innovation just another word for excessive and reckless [...]
Posted in Humor, Politics, tagged Fannie Mae, Freddie Mac, Lehman Brothers, Wall Street on September 15, 2008 | Leave a Comment »
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Donald Luskin writes an editorial for the Washington Post talking about how the economy isn’t really that bad and that we just need to stop talking about it:
But that doesn’t make any of it true. Things today just aren’t that bad. Sure, there are trouble spots in the economy, as the government [...]
Posted in Humor, QuantCloud, Strategy ideas on September 11, 2008 | 2 Comments »
While the market is trying to decide whether it is up or down today, I find myself wandering the web in search of new stuff to read. I found the best political site I’ve seen in a while – not in terms of coverage but uniqueness of mission: DC Fashion. I give you – Princess [...]
Posted in Strategy Update on September 10, 2008 | 2 Comments »
Well, I’ve been hugely busy with my day job, so the blog has had to take a bit of a backseat. Add to this the fact that my wife and I are expecting our first child and you can probably understand why the posting has been less frequent.
I’ve also been working on how to modify [...]
