Matt Taibbi has another entertaining and informative article on financial reform:
The Sanders amendment, if it survives in conference, will lead to some delicious disclosures. Almost exactly a year ago, Sanders questioned Bernanke at a Senate-budget hearing, asking him to NAME the banks that had been bailed out by the Fed. Will you tell the [...]
Because their is no Europe! It’s popular to compare each country in Europe to states in the US, and for all the similarities, there are a host of important differences. There are a host of different languages, legal systems, and borders. Workers can’t move as freely between countries as we can between states. Even the [...]
Expect to get a call the week before the election:
A new study shows that phone calls to encourage people to vote can be made more effective by a simple strategy – that is, by asking the would-be voter to spell out what time they plan to vote, where they will be coming from prior [...]
…bad presenters do.
PowerPoint gets a lot of hate – but usually not in the NY Times. Sure, alcohol is probably the only thing abused more than power point, but just like alcohol, we keep it around for a reason.
Powerpoint lets you quickly and easily make a visual companion to a talk. It adds [...]
“Three men can keep if a secret, if two are dead” – Benjamin Franklin
Privacy has always been difficult to achieve, even during the time of our founding fathers. Now, the war is over; privacy lost.
In order to live in the modern world, you have no choice but to give up a traditional understanding [...]
Article on the good and the bad of financial innovation – the cliffs notes version is the one sentence below:
Some of these ideas [CDS's, CDO,s, SIV's, etc], as it happens, were reasonable ones, within limits. But limits aren’t something that Wall Street knows much about: in recent years, it has shown an uncanny knack [...]