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Entry: September 25th 2008 - Thursday | 3 months 12 days ago
On Monday night, one of my friends alerted me to “the perfect trifecta” of magazine covers. (Economist, Time & Businessweek)
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Entry: September 24th 2008 - Wednesday | 3 months 13 days ago
Representative Marcy Kaptur goes off about the 'Wallstreet Bailout Game' (via Evil Speculator)
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Entry: September 21st 2008 - Sunday | 3 months 16 days ago
Buffett called it way back when -- ' Derivatives are financial weapons of mass destruction...'
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Entry: September 17th 2008 - Wednesday | 3 months 20 days ago
Nice interactive graph of the losses the financials have taken
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Entry: September 17th 2008 - Wednesday | 3 months 20 days ago
Taleb, looking at the cataclysmic situation facing financial institutions today, points out that 'the banking system, betting against Black Swans, has lost over 1 Trillion dollars (so far), more than was ever made in the history of banking'.
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