Archive for March, 2009

Bennet Sedacca RIP

Lance on Mar 18 2009 | Filed under: Absolute Return, Great Investors

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 musings of [...]

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A Brilliant Couplet

Lance on Mar 12 2009 | Filed under: Econ Blogs, Economics

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 attacks prior [...]

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The Stanford Group Fraud

Lance on Mar 07 2009 | Filed under: Advisory services, Baton Rouge News, Personal Finance

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 than [...]

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A Painful Restructuring

Lance on Mar 07 2009 | Filed under: Economic Indicators, Employment, economy

An excellent overview of the dramatic restructuring of the US economy at the NY Times.
Click for larger version of charts.

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