For those who want to have an extended conversation on Angry Bear on a topic that becomes increasingly private over time, we can try this: Create a post page for an ongoing project. So…on my Continuing conversation page page I include any notes I want my ‘team’ to see. When there are new information or […]
The Bulletin On line has an interesting set of essays on modeling and global warming. I snitched it from CoRev.
I have pulled two quotes from comments from a reader that state a view that might not occur to us. They are out of context, but I think might have some discussion value about perspectives. The first appears to stem from some of Greenspan’s ideas in a post on OCC regulation and state regulation. The […]
We are trying this open post on a Friday night. Blogger does not support threaded comments and such. But, the mike is yours, civility is not waived.
The Chicago Tribune carries this story: New Orleans – If you think the prescription drug you took for headaches caused your heart attack, the Food and Drug Administration says you can’t sue the maker for injury if it met agency standards.The Consumer Product Safety Commission says you can’t sue a mattress maker if your mattress […]
The ABX.HE index, which is based on credit default swaps on different tranches of subprime mortgage-backed securities. (Federal Reserve Bank of Cleveland) Hat tip to Jim Satterfield for this link to Marketplace public radio. Bob Moon is the Senior Business Correspondent. MOON: OK, I’m about to unload some numbers on you here, so I’ll speak […]
Higher Ed Watch reports on Sallie Mae: Last week, we wrote that Sallie Mae and its promoters on Wall Street claim the company was “blind-sided” by the rising default and delinquency rates on subprime private loans it made to low-income and working class students at poor performing higher education trade schools. It’s a convenient argument […]
Here is Avinash Persaud, writing on Willem Buiter’s blog, with his take on the problem: Why Bank Risk Models Failed and the Implications for what Policy Makers Have to Do Now, by Avinash D. Persaud: Sir Alan Greenspan, and others have questioned why risk models, which are at the centre of financial supervision, failed to […]
I will let people know how many google hits we get for this post. On the other hand, digby at Hullabaloo recommends we vote.
Angry Bear has been steadily increasing its readership, but in the last three months especially has seen a significant rise in visits. For the first time ever we had over 100,000 visits in March, which is a milestone given that around 60,000 was common. (Real figures can be evaluated on the sitemeter. January saw 90,000, […]