A masterwork goes missing: By Fernand Leger. "’It’s the largest loss Travelers ever had,’ said Andrew Gristina, director of fine art insurance for the company."
All locked-up: A $2.3 billion fund with a 25-year lock-in.
Moody’s and model risk, redux: A new model, a new bug.
National City offers cash to cut equity lines: Don’t they have the right to just do that unilaterally?
Tyler Cowen IMs with Ezra Klein: "No one can gaze into the distance like Obama. He’s the most talented distance-gazer possibly ever, and there’s no way for Ray Fair’s model to possibly account for the power of that."
Graph of Owner Equity plus Real Estate Market Appreciation: Apparently the median homebuyer, vintage 2008, has already made money on their investment.
Science Proves Exotic Cars Turn Women On: "As for the Polo? Everyone had less testosterone after listening to it. "
The Sarah Palin Church Video Part One: “Pray about that also. God’s will has to be done in unifying people and companies to get that gas line built. So pray for that.”