Naked Captilalism is another great finance/economics blog oft cited by The Baseline Scenario. These blogs are the Woodward and Bernstein of the Financial Crisis. NC is by far much more dense than Baseline Scenario when it comes to the details but one generally gets the point: Things are rotten in the United States of America. [...]
Posts Tagged ‘Magnetar’
Financial Nudists
Posted in Bonfire of the Vanities, tagged Magnetar, politics on April 14, 2010 | Leave a Comment »
One Ring to Rule Them All!
Posted in Bonfire of the Vanities, tagged Eye of Sauron, Lord of the Rings, Magnetar, politics on April 13, 2010 | Leave a Comment »
After reading how Magnetar, the hedge fund, was able to engineer bets against its own fraudulent financial products and win, one can’t help but feel discouraged. Gambling has been universally feared as one of man’s most dangerous and ignoble predilictions since the dawn of recorded history. I am not a religious man yet if I [...]
