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Tag Archives: financial rescue
Here is a Wall Street pundit who is very quick to blame the prediction markets. But did the punditry of that smart ass performed better than the prediction markets, regarding last week’s vote on the House of Representatives?
Financial Times’ John Authers: Prediction markets, summing the market’s wisdom, had it wrong. Last week, the Intrade market put the odds that the TARP would have passed by now at more than 90 per cent. -
FAIL
Technical Note: If you are not able to see the right end of the huge chart below, read my info-tech tips over there. – -
Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Expiry, Market Liquidity, Market Prices & Probabilities
Tagged Bailout, economy, financial bailout, financial crisis, financial rescue, global economy, Paulson plan, US Congess, US economy, US Federal Reserve, US Treasury
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Good Morning America.
I Told You So. by Ed Miracle This painting was on the cover of Thomas Friedman’s book, The World Is Flat.
Posted in Art, Humor
Tagged Art, Bailout, economy, Ed Miracle, Finance, financial bailout, financial crisis, financial rescue, global economy, Humor, I Told You So, paintings, The World Is Flat, Thomas Friedman
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