Paranoid Bull

CDO Market Is Almost Frozen, JPMorgan, Merrill Say For some reason this headline made me think of a brutal game of musical chairs where the music stops and the players are left with the option of jumping on a bed of nails or being kicked teeth first into the curb on the Street. The never-ending [...]

The world is really moving in an exciting direction notwithstanding of all of the recent madness in the markets. We are in the midst of what some are calling a “loss of privacy” on the one hand, while on the other hand we might instead call it “an improvement in information and transparency”. Case in [...]