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Stiglitz: Academic Economists Deeply Guilty for Current Mess
Having started the day attacking "quants" in both stock trading AND conventional academia, and just below stated an alternative approach to investing, namely the tried-and-true diversification, Having started the...
Investor Diversification Rules: Mixing Greed AND Fear
In our Feature today, we attacked the arrogance of the so-called quants, the "whiz kids" who astounded Wall Street & the world when things were good, and then blamed the...
Credit Cards: Micro-Fraud, Macro-Results
IT’S easier to steal a million dollars a dollar at a time than a million dollars once. So goes an old saying. If the allegations in a civil case...
“Data on Demand” – VCs Willing, But No Technology – Yet
“The whole point of social media is that we trust our friends, our network for answers to questions, recommendations, information needs,” says Brian Ascher, a partner at Venrock, a...
US Debt Increasingly Held Domestically, Not Overseas
Nearly a decade ago, when budget deficits ballooned in the United States, it was widely said that Washington — like Blanche DuBois in “A Streetcar Named Desire” — “depended...
Now Australia Housing Bubble To Collapse ???
In a bearish note to clients in late August, Morgan Stanley's chief strategist, Gerard Minack, warned that a housing bubble in Australia could be pricked if the banks tightened...
Iraq Mercenary Blackwater Gets Gift Deal from Obama / Clinton State Dept
Not surprisingly, it became known on a Friday - the day when companies always try to bury bad news - in late August, when most Americans, at least, are...
18 Airlines, Cable TV, Banks, Etc That Flourish Despite Consumer HATRED
Many major companies survive while routinely aggravating millions of customers. Some pay for advertising to hide their flaws. Others benefit from parity within their industry. Many of the worst...
Global Wheat Turmoil Creates Doubt for Farmers
Russia’s ban on grain exports, in response to a devastating drought, has sent prices shooting up all over the world. But farmers here in America's wheat country, far from...
South Korea Seeks Oil Security
South Korea, which imports almost all of its oil, has increasingly felt threatened, as countries with high energy demands, like China, snatch up oil reserves from around the world....


