From Hedge Funds To Skype, Collapses Prove Unavoidable
Is there a connection between the recent meltdown at quant funds and last week’s outage at Skype? Nick Carr makes the provocative argument that both events are the result of what happens when...
View ArticleHedge Funds Betting On Patent Lawsuits With Courtroom Spies
For many in the hedge fund world, the game is based around having some sort of edge — that single piece of information that no one else has (yet) that allows the hedge fund to make the trade that will...
View ArticleMicrosoft's Facebook Deal Might Make Sense If It's An Ad Subsidy… But What...
We had some good comments on yesterday’s post trying to do the math on Microsoft’s $240 million investment in Facebook, for just 1.6% of the company. A few people pointed out that if you ignore the...
View ArticleLeverage, Derivatives And Dog Food: How Wall St. Screwed Up
Following my post on the makings of the financial crisis, some folks noted that I didn’t really discuss the issues of leverage and derivatives, and how they ended up screwing up Wall Street something...
View ArticleHow A School Board In Wisconsin (And The NYC Subway System) Became Accidental...
We’ve talked in the past about how one of the causes of the financial crisis was that many banks on Wall Street stopped acting like banks and started acting like hedge funds — despite not really...
View ArticleRobinhood App Decides To Stop Helping The Poor Steal From The Rich
I had been meaning to do another story on the whole GameStop/Reddit/WallStreetBets story, because there’s a lot of really fascinating points on this, but my original story got pretty much wiped away...
View ArticleSports Illustrated The Latest To Bare Its Entire Ass Thanks To Laziness,...
The rushed integration of half-baked “AI” (aka not at all sentient language learning models) into journalism has been a gargantuan mess. Execs at companies like Red Ventures (CNET) and G/O Media...
View Article
