The most striking thing about Bill Gross's column this month, about equity valuations, is the first graph, showing the evolution of Tobin's Q over the past few decades: Gross explains that Q is the value of the stock market, divided by the replacement cost of net assets: The basic logic behind "Q" is that capitalism works. …
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Kevin Federline: My Side of the Story
Britney's ex opens up about raising their sons, the pop star's breakdown � and why he still loves her…
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Election 2008 »
Obama Expresses Sorrow with Loss of Richardson Beard
President-elect Obama expressed his deep dissapointment for the loss of Bill Richardson's beard in a press conference to announce the New Mexico governor's nomination as secretary of commerce. "We're deeply disappointed with the loss of the beard," Obama said. He was respondnig to a question from FOX News' Wendell Goler for Mr. …
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Politics »
A new age doesn't begin
A new age doesn't begin Share Post Print December 3, 2008 Posted by Scott at 5:11 AM The decisive victory won by Saxby Chambliss over Jim Martin yesterday in the Georgia Senate runoff is reassuring in several respects. A contrary result would have carried a disproportionately large negative impact. …
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Family »
Mark Ruffalo's Brother Shot
ET breaks the news that actor Mark Ruffalo’s brother Scott is clinging to life following a shooting in Beverly Hills earlier this week. Sources tell ET that Scott, who is a hairstylist, was found after having been shot in the head. ET can also report that there is an investigation being conducted into the shooting. …
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Hart and Zingales: Economists Have Abandoned Principle
Twelve months ago nobody could have imagined government interventions we now take for granted.…
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Election 2008 »
Revealed: Britain's torture of Obama's grandfather
The past usually finds a way of catching up with us. Could Britain's colonial sins pose a risk to our relationship with the soon-to-be most powerful person on Earth?According to the Times, Barack Obama's grandfather during Kenya's Mau Mau uprising.The…
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Goldman Considers Online Bank
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