An article in today's New York Times describes the evolution of the modern (mostly New York) hedge fund as the markets reshape that industry.  There are inevitable euphemisms: a person is not being "laid off," the Times identifies the phrase du jour as "It looks like we’ll ... Read more

With a new Administration in the wings, and the financial crisis, if not resolved, somehow moving into a state where we can think about something besides today's Dow Jones, thought leaders are starting to emerge with suggestions on lessons learned and what to fix.  Some of the most interestin ... Read more

The experts at S&P/Case-Shiller make a valuable data set of housing prices available online here.  By chance or design, their index uses January 2000 as a baseline ("100" on the index), and that is just about the tipping point where houses went from being a boring asset class ... Read more

Financial services, as a sector, has been clobbered.  Bankruptcy, forced takeover, government support -- no news here, the situation is dire.  Basically, if a firm is associated with subprime or CDS or, now, consumer credit, the news is horrible.  I'm not telling you anything you do ... Read more

Fred Wilson, the venture capitalist with a terrific track record and a great following as a blogger, wrote two posts that I read as being connected in critical ways.  In Sunday's post, " Hacking Education ," he talks about the innovations that are reshaping the world of learning a ... Read more

The Christian Science Monitor and The New York Times are venerable, first-tier journalistic enterprises.  The news about the news business, though, is generally downbeat: ad revenues going to the web, attention spans shrinking, and younger audiences ignoring "mainstream media."  ... Read more

There's a great deal of uproar , most of it merited, about the contribution of subprime mortgages and securitization to the collapse of global markets.  It's not hard to describe in hindsight -- too much credit splashed around too generously to borrowers (individuals, companies, countries) u ... Read more