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Markets
David’s weekly update on the financial markets and economy
Book Reviews
All the Devils are Here – Indeed
I was skeptical when I heard that Bethany McLean had a book coming out about the financial crisis. McLean made a name for herself with her cartoonish book and film documentary about Enron, The Smartest Guys in the Room. And while society seems to get a kick out of people becoming rich and famous by ...read this post
A Whole Different Monster in the Crisis gets Exposed
I can not believe it has taken this many dozens of books for me to get to one where the great enemy in the financial crisis of 2008 is not merely Wall Street, or Fannie Mae, or Congress, or the Federal Reserve, but rather, the mortgage brokers all over the country (particularly the subprime ones) ...read this post
The Quants a Fun Read for Big Dorks like me
Scott Patterson has done what many people would think is impossible: He wrote a 300+ page book about leading Ph.D holding mathematicians who specialize in quantitative and computational finance, and he made it fascinating. In fact, it was such a fun read for me, I probably read the entire 309-page book in two sittings. And ...read this post
The Battle for our Hearts and Souls
I write from time to time about about a variety of issues that are important to me. It may appear to the casual reader that these writings cover subjects that are all over the map, as at first glance I can see why the connectedness between the financial crisis of 2008, a theology of the ...read this post
