...more recent posts
Long and technical, but I think this gets at the heart of it: AIG: before CDS there was Reinsurance. Shorter version: AIG wasn't mismanaged, and they didn't merely "assume too much risk"; AIG was a criminal enterprise.
I am so mad about all of this. I actually feel more helpless now then in the run up to the Iraq war. At least war is something people can sort of understand. Credit default swaps are not going to be groked by the general public. The Obama administration is obviously in the pocket of the financial sector (could it be otherwise?) And nothing is going to be done about the largest theft in the history of the world. The measly two trillion or so we wasted in Iraq is nothing compared to this.
paging Jim B: the future is here
proof positive that computer science depts are no longer the domain of asexual geeks.
the final frontier of geekdom
forgot that the famous larry bird v magic johnson 1979 ncaa finals matchup is replaying now on espn classic.
jim, perhaps you need to treat yourself to a 1969 charger for your birthday?
diy bumpersticker reads: all you tailgaters are festered maggots. - erin
World's biggest diamond heist.
google mars, bitches!!
YouTube in the UK is to be stripped of its most popular music videos after the site failed to agree a new licensing deal with the Performing Rights Society for Music, the trade body that collects music royalties.
metronatural america
Detroit's beautiful horrible decline in pictures.
das boot
Animated engines. I love how he disses jet propulsion.
new piece in new yorker on dfw.
Schiff v. Laffer from August 2006.
unsold cars around the world (photos)
mother nature gets a respite
interesting article in wired on netbooks
fisheye
-steve
Good primer on the mortgage crisis: