Felix Salmon
pestering preening potentates
Counterparties
Depressing: “Borrowers have sold more than $1 trillion in U.S. corporate bonds in 2009, the fastest pace on record”. — Bloomberg
Yet another reason why retail investors shouldn’t buy individual stocks, and certainly shouldn’t play with stop-losses — Reuters
Guardian prevented from reporting parliament for unreportable reasons — Guardian
NYT metro desk cancels magazine, newspaper subscriptions. Says money better spent on freelancers — NYO
Are caps on data usage imminent for AT&T customers? — PCWorld
Justin Fox anticipated Surowiecki’s column with a Friday blog entry on the silly Chamber of Commerce — Time, TNY
Larry Lessig is a co-founder of The Global Poker Strategic Thinking Society — Chronicle
Lawrence Weiner embossed Moleskine notebooks — Walker
Modern book publicity — TNY
Men are more willing than women to replace traditional media with new digital platforms — AdWeek
Does microlending actually fight poverty? — Globe
3,000 words on traders doing cocaine — Bloomberg
If you slash a mag’s rate base and raise its subscription price, do you necessarily hurt its glossiness? — AdAge
Larry Summers, “deceptively agile” tennis player — TNR, Crimson
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The corporate bond stuff is amazing. a couple of days ago there was another article about TOPs a grocery chain taking on more debt to pay the owners a dividend.
Maybe something as un-sensitive as this?
In Sept, 2009, the Guardian claimed that Carter-Ruck had recently demanded it to delete published articles relating to the Trafigura toxic oil disaster, saying it was “gravely defamatory” and “untrue” to say that Trafigura’s waste had been dumped cheaply and could have caused deaths and serious injuries. The Guardian claimed that, later, Trafigura agreed to pay compensation to 31,000 west African victims. The Guardian also alleged that other media outlets in Holland and Norway were also threatened with gagging actions.
“Depressing: “Borrowers have sold more than $1 trillion in U.S. corporate bonds in 2009, the fastest pace on record”. ”
Why is the recovery of the corporate bond market depressing?
A long position always has a stop-loss order for zero. What else do you need?
Billy, looks like you were right!
Ja, but in a Chauncey Gardiner sort of way ;)