Friday, January 09, 2009

bonds and the bear

The NY Times has what may be the explanation into what those pesky US Attorneys have really been up to around the country. Could it all have to do with municipal bonds?

Bonds? We have bonds? I have a lot of thoughts on the local bond scene you know, but no time to recompile them here. The general tone of the NYT piece does remind me to check if the video of Lawrence Lessig's visit to Pitt a few months ago is online yet. It is and available here.

What does Lessig have to do with the NY Times story on municipal bonds? If you are a believer in good government, transparent government or anything in between you want to watch Lessig's stump speech. Trust me.

And the Bear? No, it's not a Greg Evigan reference. Watch the whole Lessig lecture to the end.


Blogger Bram Reichbaum said...

Interesting comments. I talked to HS re: debt and pension obligations. Says ICA's job is to sustain investments over time, not to make single-burst plunges. Committed to 5% over 5 years and that's a solid thing.

Friday, January 09, 2009 4:10:00 PM  

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