I just saw this and am very distressed. Bennet has been a ray of light in a world filled with people trying to obscure the truth. His passing is a sad moment. For some of the best and most insightful financial writing around I recommend combing through his archives. I occasionally do. Revisiting past...
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Monthly Archives: March 2009
Bennet Sedacca RIP
A Brilliant Couplet
One need not share Arnold Klings view on the particular issue. However, I think one must appreciate the cleverness of his rhetoric. One view of the Japanese stimulus (or multiple stimuli) is that it (they) failed because it was (they were) too small. Just as the reason that in World War I all British...
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The Stanford Group Fraud
I have had a problem with the Stanford Group, and the “CD’s” they were pushing, for several years now. No need to explain why at this point. Anyway, this has hit Baton Rouge extremely hard. I don’t believe in relative terms (outside of Antigua itself) any other community had a larger exposure to Stanford...
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A Painful Restructuring
An excellent overview of the dramatic restructuring of the US economy at the NY Times. Click for larger version of charts. Download article as PDF
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