Counterparties

By Felix Salmon
October 9, 2009
FinReg21

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Another attempt at movie derivatives. Any particular reason to believe this one will succeed where so many have failed? — FT

Why are the ratings agencies like the villainous South African diplomat in Lethal Weapon 2? — FinReg21

Sam Sifton is Reinhold Niebuhr’s grandson?! — TBM

My blog goes multimedia! Or, Reuters points a video camera at me and gets me to talk about Phibro — Reuters

If shares in a pizza rise from $1 to $2, the meal will still be no bigger. Why stocks aren’t wealth — Economist

Mohamed El-Erian and Chase Carey might agree. But I’m dubious about mustachioed men earning more — Reuters

Rovzar on the NYT on Harvard — NYMag

How to boil an egg, scientifically — Serious Eats

The Stocktwits Charity Poker Tournament — Pokerformycharity

TheStreet jumps the shark — Wall St Cheat Sheet

Dynamite the Nobel prize in economics! — Reuters

How did I miss this? High-Frequency Trading Hits The Daily Show –TBI

Comments
4 comments so far

for the NRSRO I’d choose credible any time, any place over liable. I’d prefer the LW1 scene where it’s riggs doing a little Russian roulette…you just know that Moody’s or S&P is gonna blow up, only a question of when.

Posted by Griff | Report as abusive

Rising stock prices indicate rising estimates of the value of our wealth, although that can be from lower interest rates rather than from economic growth. There’s also a fallacy of composition at work here; if stocks go up each individual is, in some practical sense, wealthier, though society as a whole is not. (Society as a whole cannot sell.)

The spam filter seems to have gone off. I, for one, have just evaded it.

movie derivatives sounds like a job for Las Vegas, not Wall St. What is the underlying asset for betting on box office revenues?

Posted by KenG | Report as abusive
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