Blogentary

Stupid Is As Stupid Does

Cerberus by William Blake (1757-1827) According to Coller Capital, and highlighted by Jason Kelly at Bloomberg, investors’ newfound selectivity will help eliminate 20% of private equity firms. Just one of many reasons is alluded to by the June 13, 2011…

A Laughable Nastygram On NYSE’s Letterhead

New York Stock Exchange; 1882 Below is an extract of a cease and desist letter mailed to TPM Media LLC (dba TPMMuckracker) regarding its writing about the NYSE and using a photo depicting the exchange.  A full summary can be…

Greece And Others: Follow The Path Of Iceland

Map of Journey to Hades Against the wishes of global banks and investors, but with the wishes of its citizens, Iceland allowed its too-big-to-fail institutions to default (i.e., no taxpayer-funded bailouts).  Guess what?  A Great Depression in Iceland didn’t occur. …