Monthly Archives: March 2009

Rawk Break

I need one. Hot Snakes live, 2004: 10th Planet – I Hate The Kids – Gar Forgets His Insulin. This guy has the rest of the Hot Snakes concert uploaded, plus some live Shellac. He wins at the internet. “I … Continue reading

Posted in Uncategorized | Leave a comment

Kneel!

Hahaha How brilliant is this? (h/t – Szymon Błaszczyk) I remember having a gchat discussion with a friend, who is also a liberal lapsed Catholic, about how creeped out we are by Pope Benedict. I grew up in a Polish … Continue reading

Posted in Uncategorized | 1 Comment

The New Financial Industrial Firm

Below, in the usury post, there was a quote “And this addicted the financial sector to very, very, very high rates of return compared to what investors were used to getting in the real economy, the manufacturing sector, General Motors, … Continue reading

Posted in Uncategorized | 2 Comments

Usury

It’s there from The Code of Hammurabi to the Bible to Adam Smith: Usury. (You would think that is enough of a cultural tradition for conservatives to want to, ya know, conserve.) Tom Geoghegan has an interesting meme that the … Continue reading

Posted in Uncategorized | 6 Comments

Warming

On Global Warming, from the Sunday’s nytimes: Beyond the specific points of factual dispute, Dyson has said that it all boils down to “a deeper disagreement about values” between those who think “nature knows best” and that “any gross human … Continue reading

Posted in Uncategorized | Leave a comment

Bank sizes

Lots of people are talking about how big banks should be going forward. I don’t have any expert opinion on this, but I have read this paper, Bank Consolidation and Consumer Loan Interest Rates (Kahn, Pennacchi, Sopranzetti): The recent wave … Continue reading

Posted in Uncategorized | Leave a comment

Wow.

Wow. Just wow. …During Jan/Feb AIG would call up and just ask for complete unwind prices from the credit desk in the relevant jurisdiction. These were not single deal unwinds as are typically more price transparent – these were whole … Continue reading

Posted in Uncategorized | Leave a comment

Current Mood: Fraudulent.

Take note: livejournal isn’t just for cutters who think that Donnie Darko is the best movie ever made anymore. A wife of a senior IT executive at the financial products wing of AIG that blew up – AIGFP, has started … Continue reading

Posted in Uncategorized | 5 Comments

Banks, Secretly Terrified

Financeguy brings up a really good point. Banks are probably scared, really scared, that so many people are discussing and arguing that this Geithner Plan is a massive giveaway from taxpayers to banks – and even more scared that they … Continue reading

Posted in Uncategorized | Leave a comment

Go Greyhound.

Do you want a quick way to know if the bar you are drinking at is a respectable establishment? Check if the pint glasses have Greyhound Bus advertisements on them. In case you are drinking your beer late at night … Continue reading

Posted in Uncategorized | 3 Comments