Monthly Archives: October 2012

Magnificent speech by Lana Wachowski

She starts around 5:30 if you don’t have time for the intro. Advertisements

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Strange innumeracy at the Journal

The paper has a report today (via Ritholtz) on fund manager AllianceBernstein, which is used as an example of the shift in the industry from managing equity funds to managing bond funds. The only problem is that the numbers don’t … Continue reading

Posted in Finance and capital markets | Leave a comment

The Countrywide/BofA Hustle suit – robo-underwriting and fraud

The Department of Justice filed a civil fraud complaint against Bank of America yesterday based on fraudulent underwriting practices at Countrywide from 2007 to 2008 (a period that includes the involvement of B of  A). The gist of the suit … Continue reading

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Citizens United – the gift that keeps on giving

The Citizens United ruling not only freed corporate “people” from constraints on campaign financing. Apparently, it also opened the door to direct campaigning by employers. In These Times (via) describes one recent example from the Romney campaign: Romney was addressing … Continue reading

Posted in Labor, Organizations, Politics | Leave a comment