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Academic

: Conglomerate

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By Gordon Smith, Christine, Hurt, Vic Fleischer, Fred Tung, Lisa Fairfax, David Zaring

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  • Bloomberg has filed a FOIA suit to get the Fed to disclose the collateral it is accepting for bailout money.  FOIA requests sent the Fed after Bear Stearns, took 4 months to be resolved  Has to be worse now.  I wouldn't expect a rapid resolution to Bloomberg's suit (even though FOIA requires the Fed to respond in 20 business days).  Via
  • Amaranth, the formerly high flying hedge fund, is a just a lawsuit against its prime broker now.  But that lawsuit is still alive, and may be a template for the windup of all the other collapsing hedge funds.
  • Two percent of active bloggers live off the proceeds?  Seems high.  Via
  • Here comes CA v. GS, here is Felix Salmon with a "nothing to see here" takedown.
  • A more active CFIUS in the Obama Administration?  Not if foreign acquirers want to buy financial assets, I imagine. 
  • James Suroweicki is blogging, if you haven't seen it.

Full post as published by Conglomerate on November 11, 2008 (boomark / email).

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