Just in time for Google deploying a CAPTCHA, even for bloggers who've been using their software without spam-related incidents since 2003, I've moved to a new blog. Details there -- Blogger is kind of constraining, and I've wanted my name in a .com for a while now. See you there!...

It's easy to be confident in your plans for reform if they aren't serious plans at all, which is why I'm disregarding the otherwise good news that Treasury Secrectary Hank Paulson wants Sarbanes Oxley enforcement relaxed. Notice that he said enforcement, not the law itself. That's a great way to create a temporary reform (politicians do it with drugs, guns, immigration, and other controversial issu...

The Peanut Butter Manifesto is a Yahoo! strategy memo spreading fear, uncertainty, and doubt about the company's ability to compete with Google when Yahoo spends so much energy competing with itself. It's almost sad, though:There are three pillars to my plan:1. Focus the vision.2. Restore accountability and clarity of ownership.3. Execute a radical reorganization.All of which can be summarized as "...

...with his discovery that the stock market is, in fact inefficient. This op-ed is proof that phrasemongers don't make great economists: In his effort to prove that leveraged buyouts are unfair and thus that a perfect free market is a tenuous abstraction based on ludicrous assumptions, he makes the following rather interesting assumptions: That risk-tolerance is constant for all investors; that nob...

James Cramer is still bullish on Nymex, and his argument still has a whiff of Money Shamanism. The stock punished late buyers by going up fast; they can only placate it by buying less than they originally intended, and then buying some more later on no matter what happens in the meantime. Come hell, high water, accounting fraud, or a general crash, Cramer still wants you to buy Nymex later in the w...