Bruce Ivins, Credibility, and our Financial Markets

August 9, 2008 at 12:10 pm

Something kept bothering me the other day as I listened to an interview on NPR discussing the evidence in the Bruce Ivins anthrax case. I thought about it and thought about it and then it hit me what it was: I didn’t believe the story. Now bear with me for […]

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 […]