Oil Demand Falls, Prices Go Up

June 12, 2008 at 11:02 pm

It’s getting harder and harder to find actual news amidst the advertisements, but every now and then a few facts slip by. This piece was one of the most interesting I’ve seen in a long time. It has to do with the price of gas. From Bloomberg: “Refiners are managing […]

A Crisis of Confidence: Part II

March 25, 2008 at 2:43 pm

Newsweek just published an article about how a lack of confidence doomed Bear Stearns. Here are a couple of interesting points from the article: “A company is only as solvent as the perception of its solvency,” Oppenheimer analyst Meredith Whitney Bernanke declared the subprime crisis contained last year even as […]