Albert Einstein once said that the definition of insanity was doing the same thing over and over again and expecting different results. Through that lens, the current course of fiscal and monetary po

The 2009 Financial Reality Show has been nothing short of surreal.We sidestepped cataclysmic dysfunction in the first quarter.A furious chase followed, taking the S&P back towards the flat-line a

“There's a dragon with matches loose on the town. Take a whole pail of water just to cool him down.” --Grateful Dead It's hard to believe I've been scribing online vibe for almost ten yea

What does it say that I was (again) vilified on the MarketWatch message boards for proactively offering that the hedge fund industry compensatory structure will meaningfully shift and those rooting f

Old habits die-hard and die-hard habits rarely get old. Case in point this past weekend as Bobby rocked the Beacon, the Raiders took a spanking (New York teams have outscored Oakland 82-7 this season

“Let me tell you something my friend. Hope is a dangerous thing. Hope can drive a man insane.” --Ellis Boyd Redding, Shawshank Redemption Is anyone else having the strangest sense of vuja

“There is a road, no simple highway, between the dawn and the dark of night. And if you go no one may follow, that path is for your steps alone.” --Ripple, Grateful Dead I spoke at a phil

It's doubtful many of us had ever heard of "high-frequency trading" before this year, but to judge by the digital ink being pushed out by financial media, it's among the single-most importa

Knight Jumps Queen, Bishop Jumps Queen…! As the bulls Count De Monet and the bears grab a bucket, the question on everyone’s mind is hump or death, hump or death, hump or death?The answe

One year. 365 days. 8760 hours. 525,600 minutes. 31,536,000 seconds. Measure it any way you want but time passed quickly since we offered that War is Hell.We opined at the time that the death of Lehm