Bronte Capital
The sometimes eccentric views of John Hempton
Sunday, November 30, 2008
Weekend edition: surf lifesaving as a spectator sport
›
I am a volunteer surf lifesaver at Bronte Beach . I used to be at North Bondi (one of the softest but most crowded Sydney beaches) but mov...
5 comments:
Thursday, November 27, 2008
Even Krugman doesn't get how plainly irrationally bad it is out there
›
I used to think that if the government only made the GSE obligations full faith and credit (FFC) obligations the remaining problems in the c...
16 comments:
Wednesday, November 26, 2008
Proof we are not in Kansas any more
›
Brad Delong thinks that the failure of Citigroup is about “risk premium” . I think it is about trust – and I guess in some sense these are...
15 comments:
Arguably the best proxy disclosure of the year
›
I had never heard of Schulman until today – but then Footnoted led me to a proxy disclosure. I won’t adorn this: During fiscal 2008, the...
1 comment:
Tuesday, November 25, 2008
Reaction to the bailout
›
The consensus is that the Citigroup bailout was bad - see Mark Thoma . I am going to differ here. The bailout was well designed... except 1...
10 comments:
The Brad DeLong question - and how to design a bailout that works
›
Brad DeLong asks a question which seems obvious enough to me – but seems to elude him. Le Citi Toujours Dormer... Why oh why can't we ...
7 comments:
Monday, November 24, 2008
I risk being detained by the Latvian secret police
›
It appears that a Latvian academic was detained by the secret police for spreading rumours about the possible devaluation of the Latvian cu...
3 comments:
Tax benefits, Wells and Wachovia
›
The most repeated argument against my line that Sheila Bair erred badly when gifting Wachovia to Citigroup is that Wells could only make the...
5 comments:
A more sensible idea: A Citigroup pre-pack bankruptcy
›
It looks more and more like Citigroup is going to the Federal Government for help (something that neither Washington Mutual nor Wachovia did...
1 comment:
Sunday, November 23, 2008
Why Sheila Bair must resign
›
Sheila Bair is doing a fine job at one thing – modifying mortgage terms in the mortgages she has taken over – particularly those at Indy Mac...
10 comments:
‹
›
Home
View web version