As the non-spreading containment of the credit markets continues to be isolated to the subprime sector, somehow the Alt-A sector is starting to show visible signs of deterioration. The fact that Moody’s is already reacting speaks more to the magnitude of the likely issues here than to the risk if the mollasses pace of the [...]
Just as I get through a momentary binge of optimism, I am reminded of one of the doomsday speculative scenarios I have speculated with an extensive discussion of the topic on Bloomberg: Goldman, JPMorgan Saddled With Debt They Can’t SellI can’t help but hear the Juvenile inspired, “I heard you takin’ spodie wodie…” And for [...]
With all of the doomsday-like gloom chat here, you might think I would be like D.E. Shaw and look for future opportunies in Gurgaon or Mumbai. But although I contemplated moving to Pune last summer, I am glad I stuck to southern cali where I could become more intimate with the developments in new media [...]
The more I think about it, the more I realize the power of Web 2.0 partially resides in the ability it gives us to self-select into groups of like-minded people who can share and collaborate. One of the best functions in this process is the filtering of the massive amount of information that is floating [...]
This is the first time I have heard anyone in the mainstream media mention the risk of collapse that is inherent in the CDS markets – this market is predicated upon a risk transfer mechanism which implies that there is someone on the other side of the trade willing to write the insurance that you [...]
For those who think that inflation is well-contained please see my earlier post on the linguistic challenges surrounding such words. You may also want to check out the latest from the UN, which suggests that schminflation is causing food to become so expensive that it can’t afford to feed the World any more: UN warns [...]
This is becoming regular fodder for skeptical headline junkies like myself who have been watching the slow but ever-present deterioration of the credit markets as reality sets in:KKR Cancels $1.4 Billion Loan to Refinance Maxeda LBO …But what shocks me is that the equity markets remain as bouyant as a Barbie in a bathtub: U.S. [...]
Although I disagree with the mentioned criticism’s of Pownce which I thoroughly enjoy, this article also names some other cool sites that are worth checking out if you like Digg . The concept of a personalized filter does sound like an awesome concept, and as I discussed with some friends on Saturday night, it seems [...]
Speculating about and attempting to predict the future are two of my favorite hobbies, so I enjoy it when I find others who are similarly inclined. The below article walks through some of the most exciting developments that are on the horizon (like in-home IMax’s and nationwide WiMax’s), and some that hopeful dreamers envision for [...]
This article highlights the creative lead that Nintendo has taken in the evolution of gaming, but one thing that struck me about the story was that the fact that Sony is launching a virtual world of the likes of Second Life: “Called ‘Home,’ the service will let users create their own digital likeness, called an [...]