Greetings from Berkeley, California – I’ve been travelling all day, and
didn’t have nearly enough coffee at 6:45am to put up even a cursory linkblog.
So apologies if you came here in search of something new and found nothing.
To keep you tided over for the time being, then, here’s a few belated links.
If hostile bank takeovers are better than friendly bank takeovers, as Sir
Fred Goodwin seems
to think, why are there so
few of them?
Neubert thinks, contra James Cramer, that Citigroup
should not be broken up. In Boston, the bank’s even trying to find
internal synergies!
Jennings, the president of Rainy Day Books in Fairway, Kansas, thinks it’s
Just Not Fair that authors link to their own Amazon.com pages from their own
home pages. Because then people might buy those books from Amazon.com, and not
from Rainy Day Books in Fairway, Kansas.
Norris and John
Carney look into the Dow Jones bylaws and come to the conclusion that a
minority of Bancrofts could block a sale to Rupert Murdoch,
should they be so inclined. Which is not to say that Ron Burkle
is going to be the next owner of the Wall Street Journal, or anything as outlandish
as that. This is all still very much in the realm of theory.
The Wall Street Journal runs a big front-page
story on the link between globalization and inflation. Larry
Ball is not quoted.
And finally: Synthetic
mortgage-backed securities!
Back to more regular blogging tomorrow, I hope.