Sitemap - 2009 - John Hempton's Newsletter
Keynes on British industrial history
Kodak, Bill Gates and efficient markets
When regulators can’t do math: gas pipeline edition
Gratuitous advertising time: The Nick Hempton band is playing in New York
Getting it wrong about getting it wrong about coffee
The Ides of March and the Fed exit strategy
The missing details: Bronte Beach edition
The media market has a conservative bias
Fannie Mae’s results – oh, and what if Bank of America reported the same way…
The new GSE as zero meme – laying the assumptions bare – and a modest plan for Obama
Whatever pleased the Lord, he did, in heaven and on earth, in the seas, and all the depths…
Are the Spanish banks hiding their losses? Looking at the American data
Ducks in sewerage treatment works, drug resistance, dumb luck and investing
Politics makes people believe the strangest things – so let’s try make money from their stupidity
Hoisted from the archives – my old post on Freshwater and Saltwater macroeconomic theory
Vested self interest and the future of Fannie Mae and Freddie Mac
Fannie Mae and Freddie Mac – closing the modelling sequence
Betting on – or against – Obama hatred
Modelling Fannie Mae and Freddie Mac - Part IX
Sorry – no posting for a while…
Modelling Fannie Mae and Freddie Mac – Part VIII
Modelling Fannie Mae and Freddie Mac – Part VII
Health Care Reform and single payer – an Australian perspective
Modelling Fannie Mae and Freddie Mac – Part VI
Modelling Fannie Mae and Freddie Mac – Part V
Modelling Fannie Mae and Freddie Mac – Part IV
Mr Big Wells and the new faster SEC
Modelling Fannie Mae and Freddie Mac – Part III
Modelling Fannie Mae and Freddie Mac – Part II
Stink boats and the forthcoming spectacular inventory bounce
Ethics, journalism, the web and the profits of brokerage businesses – oh, and Paul Krugman
Follow up on high frequency trading
High frequency traders – a phoney explanation when nobody seems to know the real explanation
Salary package includes sonic screwdriver and attractive assistant: Australian citizens only
How did the SEC get it this wrong? The judge throws out the Mark Cuban insider trading charges
Australia – the lucky but unbalanced country
Creation Science, oil drilling, naked shorts and constitutionally protected stock fraud
Request to BondInvestor from the comments
Brad DeLong and the fairy tale of Wall Street
Mr Krugman and Mr Ferguson: a suggested interpretation (very long and ultra wonkish)
How brilliantly run is Freddie Mac?
A question about appropriate ethical standards for lawyers
Do you or did you ever have friends in the FDIC?
Goodbye to the Sole True Hero (Sol Trujillo goes back to San Diego)
Japan, Korea, Detroit and banker bonuses
A tale of two banking crises: Japan and Korea
When the stockmarket does the analysis
The hookers no longer cost too much: geopolitics and the price of prostitutes in the Baltic States
For the benefit of Gaius Marius
Christopher Flower’s short memory
Muddling through – why the American banking system will not turn Japanese – Part II
Why American banks will not wind up looking like Japanese banks - Part 1
How might the BofA stress test work
Stress test results: Who is leaking?
Paradigm Global, the Bidens and allegedly fraudulent hedge funds – a summary
Another shameless plug for the Cooler Mr Hempton
What was it like to be a Stanford salesman?
Just how sloppy is Paradigm Global?
AIG – a really neat run through
A statement by Paradigm - and some questions
The economics of Paradigm Global – alleged substance abuse and alleged ponzi schemes
The first post I did not make on Ponta Negra and its link to the Bidens
Alleged fraudulent hedge fund associated with the Vice President’s family harasses blogger
A last hurrah for the rational markets hypothesis - Biota Holdings redux
Liquidity and banks – a primer
Mixed up policy responses and liquidity preference
Bed and Breakfast capital at Bramdean Alternatives
The seemingly criminal Sheila Bair*
A little bit of careful thinking – and why Krugman’s despair is misplaced
Rortybomb argues my point (though he didn't mean to)
Submission to the FDIC on the Legacy Loan Program
Sheila Bair is either a criminal or a grotesquely incompetent stark raving idiot
Monetary union and banks - some thoughts
The case for letting bankers rip us off
Watch those baskets: Why Citigroup should be allowed to merge with Wells Fargo
Why the Countrywide guys should be allowed to get mega-rich
The biggest problem with the Geithner plan
Felix Salmon misrepresents me...
The Treasury held a blogger's conference call...
Weekend edition: racial profiling at the beach
Fannie versus Freddie credit performance
Accrued interest on Voodoo maths
Paul Krugman’s false logical step
Optimism Porn – used car prices
Jon Stewart's takedown of CNBC
Weasel words from Keith Sherin
Polish hookers don’t cost too much
Good behaviour and General Electric
An uncomfortable observation for GE common
Hey guys – you can make a much better investment than Warren Buffett
From the wonderful vaults of General Electric
Memo to Jeffrey Immelt – if you are going to lie you have to do it more convincingly than this
Restructuring AIG – letting the mothership go
Four times slaughtering a dead horse
Trying to thrice slaughter a dead horse
We are not close to being Swedish yet
The cooler - better looking Hempton
Bank solvency and the "Geithner Plan"
Tapes and films – the data-point from hell
Private equity involvement in the bailout and leverage
How good is the Wall Street Journal?
Weekend edition: The conspiracy to keep you poor and stupid
How to guarantee your job in a Spanish bank
Smashed up old fuddy-duddy guys
John Paulson accuses his competitors of theft or fraud
Bad tax policy and bad government process – GM as a test case
Freshwater and Saltwater: macroeconomic theory and losing money
Scandinavian bank collapse - not all the same
What is a non-performing loan?
Reaction to the Helicopter post
Why the Federal Reserve should LITERALLY throw money out of helicopters
Felix Salmon asks the question: is nationlisation contagious?
Scandinavian bank nationalisation and due process
The last bank with an antidilution clause...
Zero in Japan versus zero in America
Decline and fall of the British Aristocracy
Lest you think I disagree with Krugman too much
A slogan for the new administration: nationalisation after due process
Sweden, Norway and a request for some decent macroeconomic models
HSBC are thugs (sorry “partners”)
Book review – Gerald Stone’s Who killed channel 9?
How diabolically desperate are the oil exporting states?
Lessons from shorting JGBs – the credible promise to be reckless
Satyam - what were the lenders thinking?
A call to sensible conservatives who still think the enlightenment was a good idea