Bailout

Counterparties

By Felix Salmon

How Gordon Ramsay “neglected to take into account how little alcohol New Yorkers would order at lunch” and almost went bankrupt despite his TV income — Bloomberg

A hugely detailed report on how electric cars can become dominant in the US — PRTM

I love it when John Stewart rips in to Glenn Beck — The Daily Show

Accrued Interest adjudicates the question of whether debt is good or bad — AI

Don’t trust scientific-looking numbers you read in the press. Especially if they’re about wine. Or spinach — Legg Mason (PDF)

Full post as published by Macroprudential on December 11, 2009 (boomark / email).