Dive into the archives.
- Inflection Point?
The dog woke me at dawn today. With lovely first light streaming in from the East, I fired up the ole computer to read what I take to be the first signs of a new inflection point in this months-long market chaos and my “passive research”. After 5 successive higher closes, the US equities markets [...]
- Beneath the Headlines: BP’s Radical R&D
Our headlines continue to engulf BP with our passionate blame. But increasingly, after we turn the page, another story begins to coalesce: BP as the genius of Big Oil’s future: it has been BP’s pioneering fieldwork in capping the busted Macondo well that has shaped Big Oil’s billion dollar emergency response plan for the Obama [...]
- Surfing the Oily Waves of Information: Parsing BP
Like most of the folks I know, I have spent the last months surfing the waves of information coming at me about BP. I come away with a story about the dynamics of blame. Characters in no special order include: Transocean, Haliburton, BP, Tony Haywood, Obama, Congressional Democrats, Congressional Republicans, Hillary Clinton, the new and [...]
- Obama’s Outrage and AIG
Outrage? The New York Times tells us that President Obama’s economic team was “on message” delivering the news that $165 million in AIG bonuses to derivatives traders who helped precipitate AIG’s financial hemorrhage, could not legally be blocked. But the public’s response to the news (“the growing outcry”) caused the President to change tactics, with [...]