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Tuesday, April 17, 2007

Saturday, April 14, 2007

Nothing to do with Succession Plans.

Nothing to do with succession plans. Who was the genius at the WSJ to call Purcell to ask for his opinion on Pandit?

"Vikram is a brilliant guy and he's got a real sense for markets and risk and an ability to lead people to the right place," says Philip Purcell, the former Morgan Stanley chief executive. "He'd be a net plus for Citi."

Wish he'd said that in April 2005.

Friday, April 13, 2007

Markets vs Government Solutions

This is one of many in in the never ending debate. But not a bad summary with Global Warming as the topic.

Wednesday, April 11, 2007

Imus

The real problem is much deeper: its not just Imus.

Who loses from Subprime

Not the big banks. The tranches and individual bonds were sold off to investors looking for high yields. What do Americas do when their crazy investments don't turn out: lawsuits.

Tuesday, April 10, 2007

Parkour

My favorite movie chase scene is explained somewhat by the phenomena of parkour, which is highlighted in No Obstacles.

Wednesday, April 04, 2007

Subprime Victims

Who are the subprime victims? The borrower or the lenders? There will be alot of press and regulatory efforts to address both sides.