A depressing sentence from Daniel Gross (h/t Mark Thoma): The 13-F shows Harvard with some 231 positions worth nearly $2.9 billion, highly concentrated in popped macroeconomic bubble plays. We now have the title of the book about Henry Paulson’s time at Treasury: Popped Macroeconomic Bubble Plays.
Why Yahoo! e-mail may be worth using again, non-Jerry Yang edition: Security researchers, anti-spam groups and the whole security community in general were taken by surprise yesterday when reports of a sudden drop in junk mail activity started flowing in. This was the result of ISPs depeering McColo Corp., a U.S. based company offering web […]
CNN and many other news services are reporting that: According to the report, Gulf War illness is a “complex of multiple concurrent symptoms” that “typically includes persistent memory and concentration problems, chronic headaches, widespread pain, gastrointestinal problems, and other chronic abnormalities.” The illness may also be potentially tied to higher rates of amyotrophic lateral sclerosis […]
by rdan Health Care Think Tank points to a note on President-elect Obama’s website concerning electronic record keeping for medical records. The new guy Tom (STR) offers no comment himself. In Boston, the major hospitals came together and mandated an electronic record keeping for the area, and compliance is very broad. It does mean privileges […]
rdan The U.S. Navy says pirates seized a Saudi-owned supertanker loaded with crude hundreds of miles off the Horn of Africa. The vessel, which has a 25-member crew, is the largest ever hijacked by bandits. What does one do with such a catch? 1. Hold the crew hostage, similar to a hijacked jet?2. The oil […]
rdan Reader Bear points us to a great essay by Michael Lewis in Condi Naste Portfolio.com: In the two decades since then, I had been waiting for the end of Wall Street. The outrageous bonuses, the slender returns to shareholders, the never-ending scandals, the bursting of the internet bubble, the crisis following the collapse of […]
While I’m trying to decide whether unmanaged funds are preferrable to mismanaged ones, and wondering whether any discussion of Mark Cuban (I like the picture better than CNN’s) belong here,* the NYT decides to continue its determined destruction of its reputation. Stanley Fish manages to forget—or, more accurately, ignore, since he mentions it in the […]
By Spencer Brad DeLong said that Krugman eviscerated George F. Will on the level of capital spending during the Great Depression. Delong said:I have never been able to make any sense at all of the right-wing claim that the New Deal prolonged the Great Depression by creating a “crisis of confidence” that crippled private investment […]
By: Divorced one like Bush I was wondering why Mr. Spitzer had not been heard from? Was his personal indiscretion so great that his knowledge and expertise would not trump such? He has an opinion at the Washington Post yesterday. The new president’s team must soon get to the root causes of the mistakes that […]
by Robert Waldmann (stolen wholesale from his website by someone) Media Matters by Jamison Foser Foser has a devastating critique of, well the interpretation of a PEJ study. He says that the press (Howard Kurtz of course) has accepted the claim that coverage was biased in favor of Obama, based on the clear liberal bias […]