by Mike Kimel Who Will Be the Next President? We don’t know much about Panama before the Spanish arrived other than that it fit the usual pattern you see just about everywhere – there were periods of bloody violence (wars, genocides) alternating with periods of some sort of coexistence.  After the Spanish arrived, there was […]

by Mike Kimel Male, Female, and Transgendered Athletes and the Future of Sports Men and women don’t compete directly against each other in sports ranging from basketball to golf to track and field. This seems intended to simultaneously acknowledge and paper over the performance difference between men and women in those activities. The process is […]

by Dale Coberly SOCIAL SECURITY, OBAMA, and the CRFB Obama once offered to cut Social Security as part of a Grand Bargain with the Republicans.  Now he says he thinks Social Security ought to be expanded. The Committee for a Responsible Federal Budget (CRFB) answers him with their usual list of reasons why Social Security […]

Companies that purchase debt cheaply then collect it aggressively are shockingly easy to start. We can prove it! (Via Barry Ritholtz) (Via HBO)

Yves Smith at NC: The SEC showed its true colors yet again at a panel at Stanford Law School at the end of March, although not as dramatically as last year. In last spring’s SEC panel at Stanford, the then head of examinations, Andrew Bowden, made such fawning remarks about private equity, including repeatedly saying […]