Felix Salmon

Friday links dress up

August 15, 2009

Vikram Pandit stabbed on CNBC

The WSJ’s cool bank-failure animation

You’re Paul Krugman, ferchrissakes. You think MSNBC won’t invite you back if you don’t wear a tie?

Charts of the day: Securities regulation and national income

August 14, 2009

Ana Carvajal and Jennifer Elliott of the IMF have a new paper out which takes international data from Iosco, the International Organization of Securities Commissions, and looks at how assiduous regulators are in about 80 different jurisdictions. They’re looking at enforcement, which comprises three Iosco principles:

Advice for infrequent bloggers

August 14, 2009

I never find status-update posts (“I’ll be away from this blog for a while”) particularly helpful, so I tend not to indulge in them myself. But at least I have some non-negligible number of readers who return to the blog on a regular basis and might conceivably wonder what happened to me. If I was a blogger with the grand total of one blog entry since May, why would I put up a post saying I was back? Conversely, if I was a blogger who had posted just two blog entries since June, why would I put up a post saying I was going away?

The AP’s be-evil policy

August 14, 2009

Zach Seward got himself a great scoop when he procured a confidential AP memo which takes a very aggressive stance about protecting the company’s intellectual property. Here’s how the memo begins:

How the Fed second-guesses its own independence

August 14, 2009

Greg Ip says that the Fed would have expanded its quantitative-easing program by now were it not for political considerations:

Art in a recession

August 14, 2009

In 2007, hot young artist Doug Aitken unveiled a massive public video-art project at MoMA. Sleepwalkers featured A-list celebrities, acres of publicity, and millions of dollars in production costs; its Flash site alone almost certainly cost many multiples of the total budget for Those About to Die Salute You, the utterly insane and hugely enjoyable public-art project put on by Duke Riley at the Queens Museum of Art last night in conjunction with the Brooklyn Museum, Bronx Museum of the Arts, and El Museo del Barrio.

Truth in public relations, Blackstone edition

August 14, 2009

Blackstone’s Steve Schwarzman made a ridiculous $702 million last year, according to The Corporate Library, and Scott Malone of Reuters phoned for a reaction:

Thursday links regress

August 14, 2009

Why is it so hard to find a foreign-bond ETF?

The Bernie Madoff Dining Index

“Thinking up the right regression to run can be worth millions.” (Irony alert: This appears on Steve Levitt’s blog.)

The NYT’s refreshing wine club

August 13, 2009

The New York Times needs all the revenue sources it can get right now, so it’s licensed its brand to the Global Wine Company and created the New York Times Wine Club. This is a good thing, and not only because it brings money into the NYT’s coffers: it’s also the first such wine club I’ve seen which works in a non-evil manner.