Archive for March, 2009

Why are we protecting bank bondholders at the expense of the larger economy and financial system?  (Clusterstock, Hussman Funds) Hitting bank bondholders remains the “nuclear option” rife with risk.  (Real Time Economics, Clusterstock, Baseline Scenario) What is an investor to do when diversification becomes “commoditized“?  (Zero Beta) Count the PBGC among those taken in by […]