Elsewhere on Friday,
- Anatomy of Lehman’s (liquidity) failure.
- VIX and the 200 day.
- “Instant refi?” Watch the consequences . . .
- How it trades affects how it behaves.
- Transparency at the SEC? Why would they want to do that?
- A critical examination of Matt Simmons’ oil spill claims.
- Is venture capital really broken?
- Building golden castles.
- Further, further reading.