Archive for the ‘Uncategorized’ Category

American Scene on Structured Credit

July 10, 2013

I’m working through a backlog of old posts. The American Scene had a nice summary of how the structured credit products &emdash; the ones that blew up in the crisis &emdash; actually worked.


Hedge Fund Hero

June 27, 2013

This was my favorite story back from the financial crisis. Andrew Lahde made a fortune betting on the housing bubble collapse. Then he wrote a farewell letter mocking the Ivy Leaguers whose money he took, and then quit the business.

Bernie Madoff

June 27, 2013

An oldie but a goodie: Busting Bernie Madoff: One Man’s 10 Year Crusade.

Iceland GDP

May 1, 2009

Here’s some surprising news. Iceland’s GDP falls less than expected. The total collapse of its financial sector has been mitigated by the collapse in its currency, which has made Iceland’s other exports of fish and aluminum more competitive.

Florida Housing Bubble

April 5, 2009

Dr. Housing Bubble has a post describing the Florida housing bubble in the Roaring Twenties. It makes our housing bubble look like a staid and responsible affair.

Option ARMs

December 22, 2008

Dr. Housing Bubble has a detailed post on Option ARM mortgages.

Sad News

December 2, 2008

Doris Dungey, better known as Tanta, one of the two bloggers at Calculated Risk, died on Sunday after a long bout with cancer. Tanta began blogging after her cancer had gone into remission. So even though she knew that the time left to her was short, she took the time to try to illuminate for us how we got into our current predicament. It was a heroic act, and one that will be long remembered.

Her coblogger, CR, has assembled a complete list of Tanta’s posts.

Philadelphia Destroys Everything

November 1, 2008

Being from Philadelphia, this post that describes how Philadelphia sports success leads to US economic failure strikes me as funny.

The Fed Paying Interest on Reserves

October 15, 2008

Macroblog has an explanation of why the Fed started paying interest on reserves.

How This Bear Market Compares

October 13, 2008

The New York Times has a striking graphic showing how this bear market compares to previous ones. Verdict? Bear-iffic!

Via The Big Picture.