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Chronology
Icelandic Freeze
This is a bit of an eye-opening story I read this morning. For a country completely isolated out there in the Alantic it’s a very […]
Kinney Lakes
Been a busy week, so haven’t had a chance to put these up… Anyway, Carol gave me a ride up to the mountains last weekend […]
High Sierra Wood
Wood along the Ebbetts Pass Scenic Byway.
San Joaquin Oaks
Some black-and-whites I snapped on the way back from the Sierras last weekend.
Let’s Just Close The Markets?
With the global rout of stock markets over the past few weeks, during which time we’ve seen almost a decade of economic growth disappear, some […]
Central Bank Execution-Style Rate Cuts
The Federal Reserve, European Central Bank and four other central banks lowered interest rates in an unprecedented coordinated effort to ease the economic effects of […]
A Little History…
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 […]
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 […]
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 […]