Monthly Archives: July 2009

Where have you gone, structured finance?

One of the more interesting question post-meltdown (do we even still call it that? we really need a name for the ‘financial events of 2007-2008′) is whether structured finance is, for all intents and purposes, dead. Structured finance is the general term that includes the securitization of debt. These vehicles go by names like Asset-backed

(again)

Netflix watch instantly starting to lose it, Hulu already gone…

Why do online movie viewing sites seem to trend towards crapitude? I thought the Roku player (which seamlessly streams Netflix to your TV) was about our best purchase of 2008. In mid-2009, we have watched many of the ‘best’ movies online already. And the latest 10 movies in the ‘new arrivals’? 1. Witch Hunt 2.

The New Peter Project

Over on his backstage, Piste1eh needs a hobby. It reminds me that in 2000 or so, I was close to finishing graduate school, but still so far away. I also realized that sociology had begun to overtake my life – I had few interests outside of school, and little time to pursue those few interests

Bank holding company? An i-bank? Goldman Sachs

Congress is starting to ask questions about the ways Goldman Sachs measures risk, considering their supposed switch from an investment bank to a bank holding company. And they should. Plus, I think I was wrong about GS paying its profit-makers.

High frequency trading, markets, exchanges

Three thoughtful posts from Martha, Daniel, and Yuval comment on the NYT article about Goldman Sachs’ high-speed trading unit. The rather critical article suggests that high-speed trading is the latest way to exploit innovation at the expense of everyone else, to the tune of $21 Billion in 2008. This issue is not new as such,

August = News vacation

In what has become something of a tradition for me, I am taking August off from the news. No more newspapers, no political blogs, no following the latest developments of this, that, and the other. I am frankly looking forward to the lowering of my blood pressure, the clearing of an artificially-cranked-up news cycle, and

The literature, markets, accessibility, expertise

From an excellent practical handbook on writing, Howard Becker’s Writing for Social Scientists: Scholars learn to fear the literature in graduate school. I remember Professor Louis Wirth, one of the distinguished members of the Chicago school, putting Erving Goffman, then a fellow graduate student of mine, in his place with the literature gambit. It was

you know, you kind of remind me of…

Ezra Klein and Eric Klinenberg look remarkably similar to me. Maybe it’s just me. Sadly, I never think I look like anyone. Just me.

searching, finding…

I’m sure everyone with a blog has funny search terms people use to find their site. Apparently, people find mine by searching for ‘goldman sachs is corrupt’, sometimes ‘housing cmos’, ‘art markets,’ every once in a while masculinity. And then there’s the person who is searching for ‘Asshole Levin’. I think I gotta start being