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Archive for March 2nd, 2009

Future of the NHL

From Boston Sports Guy’s post about the NBA’s All-Star Break: Looking at the big picture, the league won’t struggle even 1/10th as much as the NHL in years to come — of all the wildest predictions I heard in Phoenix, the craziest came from a connected executive who predicted that fifteen NHL teams would go [...]

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The buyer of two bronze animal heads at the Christies auction of Yves Saint-Laurent’s estate now says that he will not pay, and indeed that he made the bid in protest to break up the auction. I can understand that the auction touches on some raw nerves in China; the pieces were looted from the [...]

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Should Be So Lucky

Successful politics requires a great deal of luck, perhaps nowhere more so than in the talents of your adversaries. Margaret Thatcher might have been a short-lived prime minister trying to pick up the pieces of a fallen Callaghan government if Leopoldo Galtieri had not made the staggering decision to invade the Falkland Islands, apparently failing [...]

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Excellent article by Tim Duy, with this observation about the behavior of our leaders: Leaving aside those challenges, another problem is the one to which Yves alludes to – the persistent belief that current asset prices are currently “wrong.”  There appears to be little thought given to the likelihood that past prices were “wrong.”  Instead, [...]

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Twitter

The system was probably not designed with me in mind – 140 characters isn’t my quantum – but it seems to have caught on with some improbable folks.  Not sure which of these is more surprising: The Big Aristotle McLovin

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Canadians are wonderful.  They are just like us, only nicer, funnier, and with better beer.  In fact, they are so wonderful this is about as patriotic as they get: However, with the breakdown of the American financial system folks are looking north.  And, while emulating their homicide rate may be a nice idea, this is [...]

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Just Another $30bn

AIG said it needed more money and the government flinched: Federal officials, who worked feverishly over the weekend to complete the restructuring, said they thought they had no choice but to prop up A.I.G., because its business and trading activities are so intricately woven through the world’s banking system. It is always easier to keep [...]

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