Does this title of a recently published study by a group of researchers at the University of Exeter make you think:

A. Hmm, “gender stereotype”. That’s wordy.

B. Oh boy, what’s the media going to do with this one…

Definition:

1. Removal of all meaningful work space elements other than the desk, chair, phone, and headache tablets.
2. Detachment from all those who matter in one’s work (and possibly also personal) life.
3. Feeling of uncertainty that accompanies the suspicion that their terminal is somehow betraying them. Typically arises from reports in the media.

Unfortunately, an unusually high number of people may be suffering from the last one lately. Sorry about that.

In case you haven’t been following, there are two very separate threads to the Bloomberg kerfuffle.

After obtaining a nicely stocked humidor, a couple of Bentleys, a Patek Phillipe, an account with Coutts, and membership at The Hurlingham Club, what else is there, really? Maybe there’s nothing. Maybe we should ask the miserable bankers making a million who are struggling to get by keep up with their equally wealthy peers…

But do not despair! For it turns out that more money does seem to equal higher reported life satisfaction! Even at relatively high levels of income! Even though we’re not in a position to be relived ourselves about that (media — it’s a booming industry, kids), we’re very happy for those of you who are!

With less than a month to go, several of this blogger’s mental faculties seem to have gone offline. In the space that previously housed “fear of public failure,” new tenants have arrived in the form of after-tax return equations, biases that impact investment decisions, and a multitude of currency hedging strategies.

Ego defenses down, FT Alphaville would like to draw your attention to a brilliant post by the people at the 300 hours. It’s entitled “Sh*t People Say (to CFA candidates)”. Tl;dr version available to the right.

Drumroll…

“What happens when one bank defaults across six CCPs? The remaining members will have to pick up the bill. Given that they are almost certainly members of the other CCPs, this will result in a default contribution bill so large it could potentially lead to their failure also.”

That’s Gary Dunn, senior manager for regulatory and risk analytics at HSBC, being quoted by Risk at Isda’s AGM last week. Given the increasing concentration of risk in central counterparties, he thinks that they would ultimately have to be bailed out by taxpayers, after the CCP’s buffers were exhausted.

- Oh, yes, it’s the shared office printer.

- The Macro Man would like to introduce you to the new one euro coin.

- Economists did a bad job predicting the crisis. How have they done since?

…it was just someone using Excel on a laptop who was highlighting cells for a formula and released his index finger from the left-clicky button of his mouse too soon.

Writes Irish stand-up comedian Colm O’Regan for BBC Magazine, in his piece about “The mysterious powers of Microsoft Excel”. As you will likely have guessed, his article was inspired by spreadsheet blunders in Reinhart and Rogoff’s 2010 Growth in a Time of Debt paper.