Blogentary

Buffett And Einhorn Downgrade Moody’s, Scene II

As Econgirl and many economists stress, correlation does not imply causation.  Sure, our Dear and Loyal Readers might interpret our pontifications as harbingers of things to come and dutifully investigate further. Regardless, just because in March we highlighted more troubling…

SEC Assures Tax Payers It Is Hard At Work

In the past few years, investors and tax payers have been victims of securities fraud from WorldCom and Enron, to Bernie Madoff and the shenanigans of Allied Capital.  Nevertheless, citizens continue to pay taxes to fund government regulators such as…

Buffett And Einhorn Downgrade Moody’s

Interest rate spikes, currency devaluations, too-big-to-fails, the SEC and investment theses.  These are just a few topics addressed by David Einhorn, co-founder of investment firm Greenlight Capital. Remember Mr. Einhorn?  He is the manager who uncovered alleged fraud at companies…