My colleague Peter Thal Larsen has an interesting take on the numbers associated with the UK banker supertax, and how a 50% tax on a £6 billion bonus pool can generate only £550 million in revenue:
I know that when you know how much electricity you’re using, you use less of it. But I always thought that was because the more electricity you use, the more you pay. In fact, it might just be a function of the fact that it’s being measured and reported back. I was puzzled by this story in today’s NYT:
The sleazy anti-shorting crowd at Deep Capture has published a list of my facebook friends, along with those of other critics of the site like Barry Ritholtz, Dan Colarusso, Dave Kansas, David Einhorn, Eric Savitz, Henry Blodget, Jeff Matthews, Joe Nocera, Joe Weisenthal, John Carney, John Hempton, Paul Kedrosky, and Sam Antar.