Elsewhere on Thursday,
- (The many) lessons from Lehman: “Even Mickey Mouse got his tail burned on this one.”
- The case of the disappearing research analysts.
- Recession denial: Where the herd went wrong.
- In praise of changing your mind.
- “Rather than a heart attack, the global banking collapse could perhaps be described as a bullet in the head.”
- Why Barclay’s deal only gets worse with time.
- China’s bazooka beats Henry Paulson’s peashooter.
- “If you watched a roulette wheel and saw red follow black 18 times out of 19, which way would you bet after the 20th black?”
- Corporate defaults: Overreaction or coming collapse?
- Banks 2.0: Instead of trying to bail out the current banking system, why not simply build a new one instead?
- The Pyramid Principle: Venture investment in a capital-efficient world.
- How the G20 meeting this weekend might - just might - begin the process of recovery.
- “Check out the CMBX-NA-BB-4 close on Wednesday. To the moon, Alice!”
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