Archive - Jul 12, 2010 - Blog entry
Due to popular rage at the ban on reporters and photographers from within 65 feet of the oil spill, Coast Guard admiral Thad Allen has rescinded the ban.
Submitted by George Washington on 07/12/2010 23:53 -0500Score one for the Constitution ...
Pensions Dive Into Alternatives
Submitted by Leo Kolivakis on 07/12/2010 21:51 -0500What crisis? Pensions are diving back into alternatives...
No, the Oil Gusher has NOT Been Stopped Yet ... But There Still May Be Some Good News
Submitted by George Washington on 07/12/2010 20:17 -0500Progress?
Hollywood Cashes in on Wall Street’s Woes
Submitted by madhedgefundtrader on 07/12/2010 16:36 -0500The public generally considerers denizens of the pit as greedy, soulless, money grubbing monsters, difficult to empathize with in any setting. Any arguments? How much do you want to bet that the troubled bank starts with the letter “L”. Watch for film crews framing those dark, foreboding shots in the canyons of downtown Manhattan this summer. Hey Kevin, baby, have your people call my people and let’s do lunch!
Copper: More Than China's Property Market
Submitted by asiablues on 07/12/2010 15:56 -0500The decline of China copper imports in recent months has caused a lot of distress among traders. Much of the focus has been on copper's eventual crash by China's property chock. However, China's property market is not the only game in copper town.
Tales of Vegas
Submitted by Econophile on 07/12/2010 13:28 -0500Vignettes from my "Lost Weekend" in Las Vegas while I was attending Freedom Fest. Perhaps a bit off topic for ZH, but I think it has a lot to do with our perma-Boom-Bust economy. The stories of The Cabbie and The Gambler. Enjoy.
BoomBustBlog Contrarian Global Macro Analysis: The Overt Optimism in UK Financial Predictions Comes Back to Bite Them, Just As We Forecasted
Submitted by Reggie Middleton on 07/12/2010 07:59 -0500The overt-optimism in deficit forecasting and the wishful extrapolation of growing GDP may score a few points with voters in the near term, but you tend to pay for it in spades in the end. We gave explicit warnings concerning the optimism in the British forecasts, and those warnings have proven to be quite prescient.
