The blogosphere is awash with opinions about whether banks should be nationalized, and whether an aggregator bank to hold bad debt is a good idea. Much of the heated debate about the mechanics of a rescue is about the technical details of the rescue, devoting little time to the fundamental normative question : who [...]
Entries from January 2009
Who should pay to resolve the banking crisis?
January 22nd, 2009 · No Comments
Tags: Market news
Two year anniversary
January 18th, 2009 · 1 Comment
Its been slightly more than two years since I started this blog at the suggestion of my wife. I have stuck to my principle of providing original content and stock research rather than up the frequency of my posts and providing second-hand links or garbage. I am a subscriber to the slow blogging philosophy, and [...]
Tags: Site news
C : Mea culpa
January 16th, 2009 · No Comments
The recent fall in the Citibank’s stock price has brought home the dangers of writing put options to me painfully; I have closed out my Jan $5 put positions in Citibank at a siginificant loss, enough to offset all gains I had reaped from put writing in all stocks.
Previously, I believed that while Citi’s intrinsic [...]
Tags: Stock reports

