Open Thread


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  1. L and others, I agree about the Peace Prize being overly politicized.

    But L, I would disagree when you include the lit prize with the ‘good’ ones. The lit prize has been overly politicized for decades. I was surprised a real author won this year.

    It was said an American would never win under Bush. Maybe next year.

  2. In my sector of the financial services industry, 1989 was the watershed year for liberalizing the kind of instruments which could be traded. HOWEVER, after the meltdown of Enron, which was an extraordinary disaster just waiting to happen, something which fed on the breathtaking greed and stupidity of almost everyone, that is when things started getting BETTER for the industry, more professional, more rational from a structural and credit perspective. The 2008 meltdown has further driven more business to the exchanges, which is good, but the regulators have taken a very very political AND in my humble opinion, an irrational crackdown on us.

  3. snappy, hope you don’t have to leave bk unless you want to. sorry about the extended unemployment (had to go back and read). from what you write here you sound professional, level-headed and diplomatic. those can be rare qualities together for a lawyer.

  4. d hipster– was that you who wrote about sarah palin and her daughter possibly turning you republican?

    haha, that is so funny. see, this is the case of hormones over most everything else. the country has gone coocoo over this. take a beautiful woman, take her photo with weapons, many men cannot control themselves 🙂 ha

  5. “Dear liberals:
    You have said many times that Bush deregulated the financial services industry.”

    Not me, L. Some of the worst deregulation took place under Clinton (relaxing of margin requirements, for example. Repeal of Glass Steagall). Neverthess it was the free market Republicans that introduced the bills, and Greespan who thought it would be a good thing.)

    I didn’t have to look it up either.

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