Econbrowser: The yield curve and foreign purchases of U.S. debt

Econbrowser: The yield curve and foreign purchases of U.S. debt: "Some new research that suggests that the current negative spread between long-term and short-term yields may be a little less worrisome than earlier studies had led us to conclude, to the extent that the negative spread in part results from an unusually low term premium on U.S. bonds rather than an expectation of future declines in

A look at Amaranth's Brian Hunter

Sounds much like Nick Leeson at Barings back in 1995.Bloomberg.com: Canada: "Hunter, within 17 months, would be responsible for $6.6 billion in losses, detonating the biggest hedge fund implosion ever. Since Amaranth's sudden collapse, investors have questioned the unusual trust Maounis put in his star trader, now 32. They say Maounis gave Hunter too much latitude and that Hunter, trading more

Billy Beane comes to Wall Street

Thanks to the SportsEconomist for pointing this one out!FT.com / Markets / Wealth - Faith in figures proves to be a big hit: "Beane’s great contribution to baseball – he is quick to admit – has been to apply to it techniques that were first honed by investors on Wall Street. Now, to his evident enjoyment, Wall Street is interested by the lessons it can learn from the world of professional sports.

If you want to keep up on Business news, try DealBook

I know I have mentioned DEALBOOK many times before, but it is just so good and recently when I mentioned it in class no one was using it. So I figured I would give it another plug.Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times: "DealBook is a financial news service produced by The New York Times. It is published daily, Monday-Friday, except on U.S. Market

Buffalo News - Despite convictions, Rigases live in the lap of luxury

Buffalo News - Despite convictions, Rigases live in the lap of luxury: "Nearly two and a half years after being convicted of bank fraud and other corporate crimes, former Buffalo Sabres owner John J. Rigas and his son Timothy remain comfortably at home in Coudersport, Pa., awaiting the results of their appeal.Meanwhile, many other executives who found themselves on the government's rap sheet in