For those of us old enough to remember, a little history to inject into today’s collapse from Pat Pisapia… Oct 6, 1998: spot USD/JPY trades from […]
Author: Sam
MXPX and Lagwagon
Point Reyes and Arch Rock
I found myself kicking myself on Sunday after taking a trip out to Point Reyes National Seashore that we haven’t explored the national park more […]
Google For $0.01?
When you look at the order books of listed stocks you’ll often see phantom bids at $0.01 and offers up at extraordinary levels like $1,000,000.00. […]
Sonoma Sunset
On the way to the pub last Friday night and had my camera in the car, managed to snap a few photos along the way… […]
Stocks, Oil Plunge After Congress Rejects Bailout
I think this Blomberg article from today pretty much sums it all up for September 29, 2008. Can it get any crazier? Jeez, my brain […]
European Versus US Bank Leverage
There’s a lot of talk about leverage so here’s a comparison of assets versus equity. Assets are from end of financial year, and they don’t […]
Who Pays For FDIC Insurance?
Doom and gloom from Ché Garcia… FDIC insures all accounts up to $100,000 at its member banks, and it has never failed to honor a […]
Fannie Mae Eases Credit Requirements
Check out this article from the New York Times in 1999. Doesn’t this just boil your blood?! Steven A. Holmes, September 30 1999 In a […]
Shantaram
Shantaram, Gregory David Roberts Jacqui Steele put me onto this book a while ago after I mentioned to her that Marching Powder is one of […]
The Ultimate Short Squeeze
As you can imagine, a lot of people involved in the financial markets these days are very edgy. Millions of pairs of eyes are focused […]
Blowing Up
The Pink Lemon has been experiencing some pretty elevated amounts of traffic this month. In fact, I would say the site has been blowing up. […]
Why Paulson is Wrong
Luigi Zingales Robert C. McCormack Professor of Entrepreneurship and Finance University of Chicago When a profitable company is hit by a very large liability, as […]
Twin Meadows and Burgson Lake (Almost)
With the wine vintage in full swing I decided to make a bit of a solo trip to the mountains this weekend to explore some […]
San Francisco Mornings
I was on late shift this week and CalTrans decided it would be a good idea to close a southbound lane on 101 in Terra […]
Is It Over Yet?
Now and then I put posts up here not so much for other people to read (although if they do that’s why this is on […]
Warehouse Robots
I just thought this was a pretty cool story when I heard it on the radio this morning on the way to work. Click the […]
Marshall Oysters
We took a bit of an impromptu trip out to Marshall on Sunday, had a hankering for some of Tony’s (right)oysters. As usual, we weren’t […]
Calistoga and Alexander Mountain
Mountains behind the town of Calistoga Grapes in the sunset on the Johnson ranch The pickers on Alexander Mountain in one of the chardonnay […]
Night Golden Gate
Definitely had my heart beating thinking about the Zodiac story while I was getting these yesterday morning…