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A Dan Froomkin Memory

…bit of a distinction as I don’t think many people have seen that. *deliberately phrased in memory of pointless redundant words once written by George Orwell — another rare event….

Contra General Theory Pro "The General Theory …"

…General Theory …” if you admit that Keynes’ rare virtue was his unusual humility. Huh ?!? What ?!?!?! That’s crazy too, but I’ve already argued one oxymoron in this post….

Geithner Plan Better than Leaked ?

…(specifically, less by the amount of the firm’s capital investment). For me a chance to disagree with Krugman is a rare pleasure. I also had a blast disagreeing with Brad…

Good Cop/Bad Cop or Tit for Tat ?

…know this happens rarely and only for particular reasons which, even if you don’t agree with them, you must recognise are comprehensible and thus predictable (and I repeat rare). Scheiber…

What has AIG been doing with US money ?

rare event. update II: A more plausible grant of anonymity by Dennis in a today’s follow up article “Nobody is going to give it back and then stay,” said one…

"Price Revelation" is mysticism.

rare in the real world, he used historical prices from the CDS market. Foolish reliance on Li’s model lead to disaster and it was made possible by CDS markets which…

Fiscal stimulus and leech

…are really rare. One can be a perfectly competent practicing macro-economists without ever having thought of the concept of a liquidity trap. In strange cases, the optimal treatment can be…

Why Can Asset Prices Fall

…skewed returns (fat lower tails) unless the rare negative event occurred during the testing period (in which case the instruments could be re-engineered). A senior tranche of a pool of…

What I really think about Finance

…current volume — the way it was in the 50s. Trading for reasons other than perceived asset misspricing would be very rare. There would be investors who save when young…

WAPO on AIG

…simply “the system.” It enabled Financial Products to bring a rare discipline to complex trades. By maintaining market, accounting and transaction details in one place, Sosin (Howard Sosin founder of…