Conjure Report 1 - fixing LIBOR is out.
Something to ponder.
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Interesting presentation by Brad deLong to the googleplex
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Scalzi explains things.
Carefully and beautifully.
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There has been an awful lot of fluff written about the LIBOR fixing stuff in the past week or so. Which is why I looked forward to my friday afternoon at home reading the Economist - in a brief patch of sunshine even - and getting a more considered opinion, and perhaps even some facts. They seem…
More critique and backlash on the proposed financial bailout:
Krugman in NYT monday
Tanta at Calculated Risk forwards a Congressional communique - it is worth the read.
I like the suggestion that bankers should have to write nice begging letters explaining their stupidity for each bond they sell to…