Monday links: mixed evidence

21Jul08

Just how much will the financial crisis cost U.S. taxpayers?  (WSJ.com)

“Do we need Fannie and Freddie at all?”  (NewYorker.com)

One firm is doubling down on a bullish bet on residential mortgage securities.  (WSJ.com)

There is mixed evidence that last week was the low.  (Big Picture)

Look for more mergers and acquisitions, a lot more.  (Jeff Matthews)

“(G)ood old T2108 [% of stocks above their 40 day moving average] shows that the market is still pretty extremely oversold.”  (Trader Mike)

The global equity markets have not yet decoupled from the U.S.  (Infectious Greed)

There’s nothing magical about 30 on the VIX.  (Marketwatch.com also VIX and More)

The return of the hemline theory.  (Crossing Wall Street)

Anatomy of an IPO gone wrong.  (NakedShorts)

Yet another example proving that Goldman Sachs (GS) is running the world.  (FT Alphaville)

Carl Icahn gets his way with Yahoo! (YHOO), sort of.  (Silicon Alley Insider also Deal Journal)

What say CFOs on the equity risk premium?  (CXO Advisory Group)

“(T)he most accurate forecast of oil prices over the next month, year, or quarter is the current oil price.”  (Freakonomics)

Should gasoline taxes be raised or lowered?  (BeckerPosner Blog)

“In short, it seems that foreign central banks are willing to take up whatever slack emerges in demand for American assets.”  (Free exchange)

Fed policy alone may not be enough to get the economy back on track…”  (Economist’s View)

The stadium naming curse rears its ugly head again.  (MarketBeat)

Speaking of curses, some 10 bidders are purportedly bidding for the Chicago Cubs.  (DealBook)

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