Author: Dave

Clueless…

Not that I am surprised to see editorial garbage floating around over at Investor’s Business Daily (I read it so you don’t have to), but Rep. John Boehner’s attempt to put Republicans on the...

Facts and Assertions

Mark Calabria at Cato seems a little annoyed that people like Simon Johnson are hammering Mitch McConnell for his defenses of doing nothing (Brother Scott addresses here).  He blames this primarily on: This familiar canard is...

The Magnetar Trade

I’ll have some additional thoughts on the Goldman Sachs/SEC summed up in a post early next week, but in the meantime, a similar situation with another hedge fund is required reading.  A very indepth...

Freedom Scam?

Debbie Schlussel calls Sean Hannity’s Freedom Alliance charity a scam.  If a charity is only spending 12% (or less) of the money it brings in to provide the services that the charity was set up to provide...

Financial Must-Read

Rortybomb takes on shadow banking and why the proposed Volcker Rule falls short.  Be sure to follow the links. He’s got a lot of good information and the illustrations are very accessible to a...

Technicalities

John Carney has some interesting commentary on the first day of the Financial Crisis Inquiry Commission hearings.  He writes: A structured credit product—whether its as simple as a mortgage backed security or a complex...

Oh boo hoo

Cry me a river. Furthermore, do Wall Street firms complaining that compensation ratios are at historically low levels not realize that the problem is with bankers receiving bonus compensation in the first place?

Tweak geeks

Was Best Buy really telling customers that their optimization program would increase processor speeds by 200% for $39.99 as this article claims?  This is an amusing story about the Geek Squad’s abilty to fuck up...

A couple of thoughts…

Brother Mark and I generally tend to agree on most constitutional matters, including his September post .  I may hold a constitutional viewpoint that tends towards a textualist or originalist interpretation but it is senseless...

Scary

Barry Ritholtz has a table comparing the bull market rallies in 1982 and 2009.  One has the support of sound fundamentals and one does not.  See for yourselves.

More Blawgging

The Legal Theory Blog takes aim at two of the most meaningless, empty and (unfortunately) frequently used terms in conservative political discourse when constitutional law is involved: strict constructionism and judicial activism.