Stilltitled

monsters of the cable-sphere

stilltitled — Wed, 08 Feb 2012 15:52:26 +0000

investing, research, expert networks, and other dangerous things

stilltitled — Sat, 04 Feb 2012 15:31:06 +0000

The SEC doesn’t give formal guidance as to what is insider trading and what isn’t, but the fact is they said expert networks are not inherently improper and OCIE director Carlo di Florio and others have given guidance on policies and procedure to use them properly. There’s no specific insider trading statute and there’s not likely to be any time soon, because they’re trying to get at a wide range of conduct.

–Marc Elovitz, partner at Schulte Roth & Zabel: via Reuters

newt on citizens united

stilltitled — Sun, 29 Jan 2012 14:34:38 +0000

big year for financing

stilltitled — Mon, 09 Jan 2012 16:57:02 +0000

Bond and bill redemptions and interest payments in 2012 for the Group of Seven countries, Brazil, China, India and Russia, in dollars, using data calculated by Bloomberg as of Dec. 29:

Country    2012 Bond, Bill Redemptions ($)      Coupon Payments
Japan             3,000 billion                   117 billion
U.S.              2,783 billion                   212 billion
Italy               428 billion                    72 billion
France              367 billion                    54 billion
Germany             285 billion                    45 billion
Canada              221 billion                    14 billion
Brazil              169 billion                    31 billion
U.K.                165 billion                    67 billion
China               121 billion                    41 billion
India                57 billion                    39 billion
Russia               13 billion                     9 billion

cautionary education

stilltitled — Mon, 09 Jan 2012 16:49:44 +0000

while most state-funded schools and colleges are barely functional, private education in India is largely a money-making racket

–Pankaj Mishra: via Bloomberg

intelligibility

stilltitled — Wed, 04 Jan 2012 14:18:27 +0000

the unit of intelligibility is the story

–Stuart Brown, National Institute For Play: via TED

statistical TED

stilltitled — Wed, 04 Jan 2012 00:13:35 +0000

flash crash

stilltitled — Tue, 03 Jan 2012 13:35:57 +0000

Constellation Energy dropped 10% in the span of seconds as bids disappeared following this headline on December 21st at 11:58 AM

US sues to block Excelon acquisition of Constellation Energy

Trading is halted in CEG five minutes later and reopened at 12:08. CEG rockets up 10%, and at 12:10 a headline crosses saying,

US settles with Excelon

Themis Trading, a stalwart critic of HFT, attributes the activity to the shady business of machine readable news.

wha’ happened

stilltitled — Sun, 01 Jan 2012 20:02:45 +0000

the new nationalism

stilltitled — Tue, 06 Dec 2011 20:17:19 +0000

There can be no effective control of corporations while their political activity remains….Corporate expenditures for political purposes, and especially such expenditures by public-service corporations, have supplied one of the principal sources of corruption in our political affairs.

–Teddy Roosevelt, The New Nationalism speech, 1910 – Osawatomie Kansas