Save capitalism from the banks – Nassim Taleb

January 30, 2009

Black Swan

Nassim Nicholas Taleb,  the author of  “The Black Swan: The Impact of the Highly Improbable”, has a simple proposal to as he puts it, “save capitalism and free markets from the banks.”

from Davos Notebook:

Overheard in Davos

January 30, 2009

One of the best things about Davos is the conversations you overhear. It's like no place else.

from Davos Notebook:

Hank Paulson is not Gavrilo Princip, Lehman is not the Archduke Franz Ferdinand

January 29, 2009

Was letting Lehman go down the biggest mistake of the crisis? Many, including George Soros in the Financial Times, have argued that letting Lehman go down sowed panic to markets, consumers and businesses.