Our intrepid writer is off discover the fury that Vulcan hath wrought for his forthcoming book, Drunk As Lords.
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Our intrepid writer is off discover the fury that Vulcan hath wrought for his forthcoming book, Drunk As Lords.
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The otherwise silky smooth Harold Ford the Younger is a machine politician operating out side of his machine. Gone is the presumption of victory among the press and local power brokers, gone are the easy questions and deference to Junior's eventual power.
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The ban on short selling sounds great because it’s confusing to most of us and we like to think that others are banned from pulling tricks we don’t understand. The problem is that such measures don’t work at best, and are counterproductive at worst.
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It won’t due to get hung up on questions like “Why the hell did we liberate you people from Germany...twice?” The issue at hand is that it wasn’t superior French taste that uncovered the fraud, but a customs agent.
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Random “fat tail” events like the crashes of 1929, 1987, and 2008 ought to happen once every thousand years or so, not three times in the life of my grandmother. The quants defended themselves with the fact that the future can’t be predicted. Too...
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