Tuesday, June 28, 2011
Monday, June 27, 2011
Derivatives Cloud the Greece Analysis
So the one question I would ask CNBC, etc.: "Why do credit default swaps even exist now????"
http://www.nytimes.com/2011/06/23/business/global/23swaps.html?scp=1&sq=derivatives%20cloud&st=cse
http://www.nytimes.com/2011/06/23/business/global/23swaps.html?scp=1&sq=derivatives%20cloud&st=cse
Saturday, June 25, 2011
Gravel by Alice Munroe in This Week's New Yorker -- I
[ed note: Page 66 that is missing here is added at end of third posting above.]
Sunday, June 19, 2011
Smart Metering and Poles
Sometime during the week a subcontractor for Duke Energy knocked on the door wanting to clear brush from a pole so that they could put up a piece of electrical equipment that would enable Duke to read my time-of-day meter wirelessly.
Jimmy Rogers Interviewed by Dylan Ratigan!
http://jimrogers-investments.blogspot.com/2011/06/video-greece-is-bankrupt-protect.html
[from Wikipedia] Rogers was born in Baltimore, Maryland and raised in Demopolis, Alabama.[1][3] He started in business at the age of five by selling peanuts and by picking up empty bottles that fans left behind at baseball games. He got his first job on Wall Street, at Dominick & Dominick, after graduating with a bachelor's degree from Yale University in 1964. Rogers then acquired a second BA degree in Philosophy, Politics and Economics from Balliol College, Oxford University in 1966.
In 1970, Rogers joined Arnhold and S. Bleichroder. In 1973, Rogers co-founded the Quantum Fund with George Soros. During the following 10 years, the portfolio gained 4200% while the S&P advanced about 47%.[4] The Quantum Fund was one of the first truly international funds.
[from Wikipedia] Rogers was born in Baltimore, Maryland and raised in Demopolis, Alabama.[1][3] He started in business at the age of five by selling peanuts and by picking up empty bottles that fans left behind at baseball games. He got his first job on Wall Street, at Dominick & Dominick, after graduating with a bachelor's degree from Yale University in 1964. Rogers then acquired a second BA degree in Philosophy, Politics and Economics from Balliol College, Oxford University in 1966.
In 1970, Rogers joined Arnhold and S. Bleichroder. In 1973, Rogers co-founded the Quantum Fund with George Soros. During the following 10 years, the portfolio gained 4200% while the S&P advanced about 47%.[4] The Quantum Fund was one of the first truly international funds.
