Counterparties

By Felix Salmon
November 3, 2010
Derman

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Bush 41 supported Bush 43 via faxes — NYT

Datapoint from exit polls: 4 in 10 voters said they supported Tea Party — NYT

Love 20×200′s print today — 20×200

Printed Matter presents the fifth annual NY Art Book Fair, November 5–7 at MoMA PS1 — NYABF

The efficient markets hypothesis vs homeopathy — xkcd

Wells Fargo Reposesses Fully Paid Off Car — Ritholtz

“High frequency trading provides valuable incremental liquidity when high frequency traders are the governor on the steam engine. When they become the engine itself, they can’t provide stability.” — Derman

Comments
3 comments so far

So Mr Ritholtz has written an article on how a large institution is not 100% perfect in paperwork? Was this sandwich between a revelation about the Pope’s religion and an expose on what bears do in the woods?

Posted by Danny_Black | Report as abusive

Actually, Mr. Ritholtz is describing how a federally chartered bank committed auto theft. Are you saying that banks committing crimes is the same a the Pope being Catholic?

Posted by Dollared | Report as abusive

So he has proof the bank knew it was fully paid and decided to take it anyway? As opposed to some underpaid temp making a data entry mistake that some steps down the line results in some poor guy having his bike taken away? No? Didn’t think so.

Posted by Danny_Black | Report as abusive
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