Counterparties

By Felix Salmon
August 12, 2010
NYT

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Jeff Skilling’s legal fees might reach $150m, while Lehman execs are racking up fees at a rate of $5m/month — NYT

Wells Fargo Must Pay Consumers $203 Million in Overdraft Case — Bloomberg

Today’s Market Action As Predicted By Jim Cramer — ZH (forward to 3:10)

$220 Million London Penthouse Now World’s Most Expensive — Luxist

The endangered terraced verandas of Kashgar — Flickr

Prisoners of Debt: an hour-long documentary on the 1982 debt crisis — NFB

“Hedge funds now account for 20% of trading volume in the Treasury bond market, up from just 3% in 2009″ — FT

“Every sommelier has a pet wine & wishes more guests would drink it. These wines are intentionally well-priced” — Atlantic

Now THIS is how to sell newspapers — Twitpic

“Greek Statistics” makes Schott’s Vocab — NYT

The deterioration in CMBS numbers here prolly says more about MBIA than about CMBS — NYT

Murakami at Versailles — Dezeen

6 comments

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I thought the Stefan Geens photostream was excellent. I also enjoyed the Murakami and Sausage Roll links. I’m trying to write a free verse poem incorporating all three links. Stay Tuned!

Posted by DonthelibertDem | Report as abusive

Felix:

Care to weigh in on Robert Rubin’s new job, and his description as an “Ă©minence grise?” This term seems to have a few slightly different meanings. I wonder which one you’d prefer.

Posted by jon_bonanno | Report as abusive

With all respect to the man, I possess a few different terms for Mr. Rubin. Citigroup dramatically increased the risk profile of their I-banking activities; perhaps not at his direct “direction” but he stood not in the way of progress. And with his weight, he might have altered that outcome.

Progress = top the CDO league tables for 2006-2007. Hoo-rah.

Posted by McGriffen | Report as abusive

Murakami is perfect for Versailles. Now we just need to suggest some other installations of his work at historic French sites.

I recommend Hiropon at La Laiterie de la Reine in Rambouillet. Can anyone think of a good spot for My Lonesome Cowboy? The Elysee Palace?

Hahaha

Posted by EpicureanDeal | Report as abusive

Cramer’s top pick: short the lifeboats, go long Titanic!

Posted by CDN_finance | Report as abusive

You made me listen to Cramer and now my ears are bleeding! Not nice Felix!

Posted by hsvkitty | Report as abusive