Comments on: Missing Analysis: Real Information In An Age Of Spun Sugar Bread And Circuses http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/ Firedoglake weblog Sat, 28 Nov 2009 18:35:35 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Christy Hardin Smith http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737698 Christy Hardin Smith Mon, 24 Nov 2008 16:54:28 +0000 http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737698 <p>That’s seriously frightening if so. Good lord — we are a nation full of short-term-itis and even shorter memories, aren’t we?</p> That’s seriously frightening if so. Good lord — we are a nation full of short-term-itis and even shorter memories, aren’t we?

]]> By: selise http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737630 selise Mon, 24 Nov 2008 15:40:31 +0000 http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737630 <p>i think you’ve exactly hit on why this issue has grabbed me (like no other since fisa) - i don’t give a rats ass about the market high fliers. it’s the hardship that this is going bring. and as bad as it will be here, it’s going to be much, much worse in many other countries. the level of death and suffering may be greater than, for example, the iraq war.</p> i think you’ve exactly hit on why this issue has grabbed me (like no other since fisa) – i don’t give a rats ass about the market high fliers. it’s the hardship that this is going bring. and as bad as it will be here, it’s going to be much, much worse in many other countries. the level of death and suffering may be greater than, for example, the iraq war.

]]> By: selise http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737625 selise Mon, 24 Nov 2008 15:37:01 +0000 http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737625 <p>might even be simpler than that. i’ve been reading that some of the high powered models did not include the possibility of housing prices going down.</p> <p>garbage in = garbage out</p> might even be simpler than that. i’ve been reading that some of the high powered models did not include the possibility of housing prices going down.

garbage in = garbage out

]]> By: selise http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737621 selise Mon, 24 Nov 2008 15:33:06 +0000 http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737621 <p>thanks,the only thing i have from my time line notes that is close to your date is August 11, 1987 - when greenspan was sworn in as fed chair.</p> <p>will see what i can find - although this has turned into a much bigger research project than i first planned to do.</p> thanks,the only thing i have from my time line notes that is close to your date is August 11, 1987 – when greenspan was sworn in as fed chair.

will see what i can find – although this has turned into a much bigger research project than i first planned to do.

]]> By: Christy Hardin Smith http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737617 Christy Hardin Smith Mon, 24 Nov 2008 15:26:49 +0000 http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737617 <p>Every time I see his name, I think about that toga party extravaganza. And I laugh out loud. Can’t help it. *g*</p> Every time I see his name, I think about that toga party extravaganza. And I laugh out loud. Can’t help it. *g*

]]> By: diablesseblu http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737613 diablesseblu Mon, 24 Nov 2008 15:24:23 +0000 http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737613 <p>You are spot on about this. One of the real traps is that many of the financial institutions have proprietary systems for their trading activities. The companies have made huge investments in this part of their business models and I question how cooperative they will be re real transparency.</p> <p>I’m becoming a bit jaded on this issue. Feel like we’ll need to see someone frogmarched before they really get the message to fully cooperate.</p> <p>Has anyone else seen Dennis Kozlowski (sp?) of Tyco fame whining about his being in jail when others aren’t?</p> You are spot on about this. One of the real traps is that many of the financial institutions have proprietary systems for their trading activities. The companies have made huge investments in this part of their business models and I question how cooperative they will be re real transparency.

I’m becoming a bit jaded on this issue. Feel like we’ll need to see someone frogmarched before they really get the message to fully cooperate.

Has anyone else seen Dennis Kozlowski (sp?) of Tyco fame whining about his being in jail when others aren’t?

]]> By: foothillsmike http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737611 foothillsmike Mon, 24 Nov 2008 15:22:18 +0000 http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737611 <p>Sounds like binary fraud</p> Sounds like binary fraud

]]> By: Ann in AZ http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737605 Ann in AZ Mon, 24 Nov 2008 15:16:50 +0000 http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737605 <p>Sorry, Selise. My only link is my memory, having been deeply entrenched in the real estate industry at the time as a researcher working for a land developer. I remember that you could virtually track the drop off in real estate sales of land to a specific date–Sept (15) 1987.</p> Sorry, Selise. My only link is my memory, having been deeply entrenched in the real estate industry at the time as a researcher working for a land developer. I remember that you could virtually track the drop off in real estate sales of land to a specific date–Sept (15) 1987.

]]> By: Christy Hardin Smith http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737602 Christy Hardin Smith Mon, 24 Nov 2008 15:12:33 +0000 http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737602 <p>My understanding is that those computer systems are also fairly easy to game and/or rig internally so that the calculations can show whatever you need them to show in the moment in terms of profit margins and solidity. Which makes them even more sketchy in my mind.</p> <p>I may have misunderstood what someone was trying to tell me about them, though, when I was asking for an explanation. So if anyone has more experience with these, I’d love to know thoughts. This sort of amorphous, impossible to really track because of utter lack of transparency gambling mechanism always makes me suspicious and very nervous knowing how greedy people will do anything to make a buck regardless of the truth of it so much of the time. SIGH</p> My understanding is that those computer systems are also fairly easy to game and/or rig internally so that the calculations can show whatever you need them to show in the moment in terms of profit margins and solidity. Which makes them even more sketchy in my mind.

I may have misunderstood what someone was trying to tell me about them, though, when I was asking for an explanation. So if anyone has more experience with these, I’d love to know thoughts. This sort of amorphous, impossible to really track because of utter lack of transparency gambling mechanism always makes me suspicious and very nervous knowing how greedy people will do anything to make a buck regardless of the truth of it so much of the time. SIGH

]]> By: selise http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737600 selise Mon, 24 Nov 2008 15:12:28 +0000 http://firedoglake.com/2008/11/24/missing-analysis-real-information-in-an-age-of-spun-sugar-bread-and-circuses/#comment-1737600 <p>agree - the transition (if indeed there is one) to some kind of sane regulatory framework holds all kinds of dangers and difficulties.</p> agree – the transition (if indeed there is one) to some kind of sane regulatory framework holds all kinds of dangers and difficulties.

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